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The Swiss multinational banking giant vows to “vigorously” contest the fraud allegations of the U.S. Department of Justice.
The United States Department of Justice has filed a civil complaint in the Eastern District of New York federal court, charging UBS AG and several of its U.S. affiliates with having “defrauded investors throughout the United States and the world in connection with its sale of residential mortgage-backed securities (RMBS) from 2006 through 2007.” From...
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