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UBS pays $445 million over toxic mortgages, failed U.S. credit unions
UBS Group AG paid $445 million to settle claims that the Swiss bank sold toxic mortgage securities that helped sink two federal credit unions, a U.S. regulator said on Monday. The National Credit Union Administration said the payment resolves claims that UBS misled the U.S. Central and Western Corporate credit…
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Click here to read the full story: Reuters