UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities

UBS Group AG, Switzerland's largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008 global financial crisis, according to a company statement.

from Reuters: Business News https://ift.tt/2QtdlQs