U.S. Justice Department News

credit suisse resolves us mortgage probe at 53 billion dollars

Credit Suisse resolves US Mortgage probe at $5.3 billion

Market Pavan Pandey - Jan 19, 2017

Credit Suisse has officially agreed to pay $5.3 billion to settle with US authorities over claims that it misled investors in residential mortgage-backed securities.

jpmorgan chase agrees to pay 55 million to settle racial discrimination charges

JPMorgan Chase agrees to pay $55 million to settle racial discrimination charges

Company Himanshu Gill - Jan 19, 2017

USA’s biggest bank, JPMorgan Chase, has agreed to pay a $55 million fine to settle a lawsuit that accused it for racially discriminating against 53,000 mortgage borrowers.

us sues barclays for fraud dealing of mortgage securities

U.S. sues Barclays for fraud dealing of mortgage securities

World Mohit Shah - Dec 24, 2016

Barclays has been charged by the U.S. Justice Department, alleging the bank was involved in the fraud selling of mortgage securities worth $30 billion.

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