Home / Business / US Sues Barclays Over Mortgage Securities in Rare Step

US Sues Barclays Over Mortgage Securities in Rare Step

The U.S. Justice Department has sued Barclays PLC after unwell to settle a long-running examine into a U.K. bank’s purpose in offered U.S. mortgage-backed bonds before a financial crisis, according to papers filed in New York sovereign court.

The allotment talks were directed during solution allegations over a bank’s purpose in a sale of toxic…

Article source: http://www.wsj.com/articles/u-s-sues-barclays-over-mortgage-securities-in-rare-step-1482437193

InterNations.org