US Bank Lays Out Liability Case Against UBS After $2B Trial
By Pete Brush ( June 7, 2016, 3:49 PM EDT) -- Trustee U.S. Bank told U.S. District Judge P. Kevin Castel Monday that it presented "comprehensive evidence" at a trial that wrapped in May to prove UBS AG breached contractual promises it made to investors when it created massive home loan securitizations worth $2 billion and that the Swiss bank should be required to pay up....
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