UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases
NEW YORK (AP) — UBS will pay U.S. authorities $1.44 billion to settle the last lingering legal case over Wall Street’s role in the housing bubble of the early 2000s, which ultimately led to the 2008 ...
For those of you who don’t remember the Global Financial Crisis of 2008 (it even has its own acronym, GFC), it was no walk in the park. From late-2007 to mid-2009, a downturn in the US housing market ...
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UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases
FILE - The logos of the Swiss banks Credit Suisse and UBS are pictured in Zurich, Switzerland, June 12, 2023. In an announcement made on Monday, Aug. 14, 2023, UBS will pay U.S. authorities $1.44 ...
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