WASHINGTON, Aug 14 (Reuters) – UBS has agreed to pay $1.43 billion (€1.3 billion) to end a 2018 civil lawsuit in the United States over suspected fraudulent sales mortgage-backed securities, the Swiss bank and the US Department of Justice said in separate statements on Monday.
UBS clarified that the sum had already been fully provisioned in its accounts. (Written by Kanishka Singh; French version Bertrand Boucey, edited by Jean Terzian)
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2023-08-14 17:28:24
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