FDIC reaches $190M settlement with 8 companies

Posted online June 3, 2016 | 11:32 am

Eight financial firms agreed to pay a total settlement of $190 million to the Federal Deposit Insurance Corp.

The funds would settle claims of misleading residential mortgage-backed securities that helped lead to the failure of five banks in 2008 and 2009.

The companies are Barclays Capital Inc.; BNP Paribas Securities Corp., Credit Suisse Securities LLC; Deutsche Bank Securities Inc.; Edward D. Jones & Co.; Goldman Sachs & Co.; RBS Securities Inc.; and UBS Securities LLC.

Read more from Morning Consult.

Comments

No comments on this story |

Please log in to add your comment

Republic School District opens activities center

Editors' Pick

Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read