Royal Park Targets Deutsche Bank Over $3.1B RMBS Loss

By Michael Lipkin (June 20, 2014, 9:45 PM EDT) -- Royal Park Investments SA/NV hit Deutsche Bank National Trust Co. with a putative class action Wednesday amid a flurry of suits by investors including BlackRock Inc. against bond trustees tasked with overseeing residential mortgage-backed securities, alleging the bank failed to mitigate $3.1 billion in bond losses. ...

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