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Friday, November 9, 2018
UBS Sued by US Over Billions in 'Catastrophic' Mortgage Bonds
Bloomberg UBS Sued by US Over Billions in 'Catastrophic' Mortgage Bonds Bloomberg UBS Group AG was hit with a long-expected fraud lawsuit by the U.S. accusing the Swiss bank of fueling the 2008 financial crisis by deceiving investors who bought tens of billions of dollars of risky mortgage-backed securities. UBS and its units ... and more »...(read more)
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