Barclays agrees to pay US$ 2bn to settle lawsuit for "misleading investors"

Barclays agrees to pay US$ 2bn to settle lawsuit for “misleading investors”

Monday, April 2nd 2018 - 08:45 UTC

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Barclays has agreed to pay US$2bn to settle a lawsuit brought by the US government over the sale of mortgage-backed securities. The US alleged that the bank had misled investors about the quality of loans backing the securities in the run-up to the financial crisis. Read full article

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Enrique Massot
A “happy end” (the blood never spreads too far at this level of business) to a case of unbridled greed that shook or destroyed the lives of millions of human beings.
Apr 02nd, 2018 - 09:29 pm - Link - Report abuse 0
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