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KM Financial Solutions | UPDATE 2-UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities
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UPDATE 2-UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities

07 Nov UPDATE 2-UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities

Posted at 02:42h in News by
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UBS Group AG, Switzerland’s
largest bank, said it expects to be sued by the U.S. Department
of Justice as early as Thursday on civil charges related to the
sale of mortgage-backed securities in the run-up to the 2008
global financial crisis, according to a company statement.

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