UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
1970-01-01 08:00
US says UBS to pay $1.43 billion for alleged fraud over residential mortgage-backed securities
WASHINGTON Banking group UBS and many of its U.S.-based affiliates have agreed to pay $1.43 billion in penalties
1970-01-01 08:00
Cubs rumors: Marcus Stroman latest, phenom prospect, reliever returning
Cubs rumors: Marcus Stroman makes progress towards a returnFor most of the season, Marcus Stroman anchored the Chicago Cubs rotation and was one of the best pitchers in the entire National League.But recently, Stroman ended up on the injured list with hip inflammation, obviously causing concer...
1970-01-01 08:00
Credit Suisse retail investors plan lawsuit challenging UBS buyout- FT
Retail investors who lost money when Credit Suisse was taken over by UBS in March plan to file
1970-01-01 08:00
They sold their home to open a clinic in rural Vermont. Eight months later, the floods came
Geoff Butler jumped into his truck in the dark hours of July 11 as heavy rain battered the rural Vermont town of Johnson.
1970-01-01 08:00
MLB standings based on record since the All-Star break: Dodgers roll, Braves falter
MLB standings since the All-Star break have set the stage for the most important stretch of the season. Who is taking their chance and who has missed it?We're about a third of the way through the second half of the MLB season and rolling towards a dramatic September finish.With the All-...
1970-01-01 08:00
Cubs Rumors: Dansby Swanson bullying, Javy Baez trade, prospect rankings
Cubs Rumors: Dansby Swanson kept Jed Hoyer from sellingJust a few weeks prior to the MLB trade deadline, the Chicago Cubs looked like surefire sellers, and it was tough to blame Jed Hoyer and Co. Chicago sat 7.5 games back in the NL Central and 6.5 games back in the NL Wild Card race as of early J...
1970-01-01 08:00
How the Braves unknowingly assisted a massive Cubs 2023 turnaround
The Atlanta Braves were unknowing participants in the Chicago Cubs 2023 turnaround that turned them from trade sellers to buyers.The fate for the 2023 Chicago Cubs is unknown, but already, they've made massive shifts to the way their season will be perceived. At one point, they were viewed ...
1970-01-01 08:00
UBS Ends $10 Billion State Backstop That Helped Seal Merger
UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur
1970-01-01 08:00
UBS terminates loss protection agreement with Swiss government
ZURICH UBS will not need to tap the Swiss government's 9 billion Swiss franc ($10.27 billion) backstop agreed
1970-01-01 08:00
MLB rumors: Cody Bellinger suitors, Braves offseason target, Astros priority
MLB Rumors: Cody Bellinger has a ton of potential suitors this offseasonCody Bellinger is in the middle of a career revitalizing season with the Chicago Cubs which couldn't have come at a better time. He finds himself in a contract year, with a mutual option for the 2024 season that will abso...
1970-01-01 08:00
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
1970-01-01 08:00