DOJ Probes At Least 9 Banks On Mortgage-Backed Securities

Mani

Published onOctober 24, 2013

Updated on May 13, 2021

The U.S. Department of Justice (DoJ) is conducting a probe into at least nine banks concerning their sale of mortgage-backed securities, reports Financial Times.

Kara Scannell, Tom Braithwaite and Camilla Hall of the Financial Times report the investigation covers a vast array of large banks including Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC), Credit Suisse Group AG (ADR) (NYSE:CS), Deutsche Bank AG (NYSE:DB) (FRA:DBK) (ETR:DBK), Goldman Sachs Group Inc (NYSE:GS), Morgan Stanley (NYSE:MS), Royal Bank of Scotland...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

DOJ Probes At Least 9 Banks On Mortgage-Backed Securities

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