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

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

UBS, 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 2008-09
financial crisis, according to a company statement.

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