US Senator Warren: Supreme Court CFPB case threatens all bank regulators
U.S. Senator Elizabeth Warren (D-MA) arrives for the weekly party caucus luncheon at the U.S. Capitol in Washington, U.S. September...
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UBS pays $1.43 bln to settle US mortgage claims as industry-wide probe concludes
The logo of Swiss bank UBS is seen at the company's office at the Bahnhofstrasse in Zurich in this July 1, 2009 file photo. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsWASHINGTON/NEW YORK, Aug 14 (Reuters) - UBS (UBSG.S) agreed to pay $1.435 billion to settle U.S. charges that the Swiss lender misled investors into buying troubled mortgage securities, concluding an industrywide probe into a root cause of the 2008 global financial crisis.The U.S. Department of Justice on Monday said it has collected more than $36 billion in civil fines from 19...