RBS to pay $1.1 billion in settlement agreement – total NCUA claims to exceed $4.3 billion

The National Credit Union Association, as liquidating agent (NCUA) and the Royal Bank of Scotland-RBS Securities, Inc. (RBS) have reached a settlement agreement associated with claims arising from the bank’s sale of mortgage-backed securities to two corporate credit unions, the NCUA announced yesterday.  <Read More>

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