February 09, 2026
A brokerage and investment banking arm of Deutsche Bank ducked a lawsuit the Federal Deposit Insurance Corp. had brought against it over investment losses suffered by now-failed Citizens National Bank, after a New York federal judge determined Monday it did not have a relevant role in underwriting residential mortgage-backed securities Citizens bought more than two decades ago.
October 18, 2019
A New York federal judge ruled Friday that investment banking units of Credit Suisse, Deutsche Bank and three other major European banks must face Federal Deposit Insurance Corp. claims over about $90 million in allegedly toxic crisis-era residential mortgage-backed securities bought by two now-failed community banks.
September 18, 2017
Investment banks that sold or underwrote toxic mortgage-backed securities have again asked a New York federal court to reject the Federal Deposit Insurance Corp.'s suit to win damages on behalf of two failed banks, saying the case for dismissal remains strong even after the Second Circuit brought the lawsuit back earlier this year.
April 07, 2015
The Federal Deposit Insurance Corporation, acting as a receiver for two failed banks, filed a notice Tuesday that it plans to appeal the dismissal of its lawsuit seeking $140 million from RBS Securities Inc. and others over soured residential mortgage-backed securities.
March 25, 2015
A New York federal judge on Tuesday dismissed a Federal Deposit Insurance Corp. suit seeking $140 million from RBS Securities Inc. and others over soured residential mortgage-backed securities sold to two banks, ruling a recent U.S. Supreme Court decision rendered the suit time-barred.