October 05, 2016
HSBC Bank USA NA on Wednesday told a Manhattan federal judge that it has reached a settlement over claims that a Deutsche Bank AG unit misrepresented $615 million in risky loans underlying residential mortgage-backed securities.
June 17, 2013
HSBC Bank USA NA on Friday hit back at a Deutsche Bank AG unit's bid to dismiss a New York federal suit accusing Deutsche of misrepresenting $615 million in risky mortgage loans underlying residential mortgage-backed securities, saying it wasn't contractually barred from filing the suit.
May 06, 2013
Deutsche Bank Structured Products sought Friday to dismiss a suit accusing it of misrepresenting the risk of $615 million pool of mortgage loans underlying residential mortgage-backed securities, arguing trustee HSBC Bank USA NA didn't give it an adequate chance to correct possible issues before filing suit.