Latest News
- Derivatives Operations +
-
Securities Operations
+
- Affirmation, Allocation & Confirmation
- Back Office
- Buy-Side
- Case Studies
- Clearing
- Corporate Actions
- Data Management
- FX Operations
- Hedge Fund Operations
- Industry News
- Mergers & Acquisitions
- Middle-Office
- Operational Risk
- Ops Automation
- Outsourcing
- Private Markets
- Reconciliation & Exceptions
- Risk Management
- Sell-Side
- Settlement
- T+1 Settlement
- Diversity & Human Interest +
- FinTech Trends +
- Opinion +
- Performance Measurement +
- Regulation & Compliance +
- Industry News +
- FTF Media & Content Channels +
- FTF Bull Run Blog
U.S. Department of Justice officials allege that the Royal Bank of Scotland securitized loans that it knew to be problematic and did not disclose the inadequacy of the loans to investors.
The Royal Bank of Scotland Group (RBS) has signed a $4.9 billion settlement with the U.S. Department of Justice (DoJ) over allegations that the bank misguided investors in the underwriting and issuing of residential mortgage-backed securities (RMBS) from 2005 to 2008. Essentially, DoJ officials allege that RBS “securitized tens of thousands of loans that it...
Already a subscriber? Login here
