Nomura Securities International to pay $35M penalty for participation in fraud scheme
Nomura Securities International (NSI) and the U.S. Attorney’s Office have entered into a non-prosecution agreement.
Nomura Securities International (NSI) and the U.S. Attorney’s Office have entered into a non-prosecution agreement.
UBS has reached an agreement with the United States Department of Justice (DOJ) to settle a legacy matter from 2006-2007.
Credit Suisse Group has reached a final settlement with the New Jersey Attorney General related to its RMBS business.
The SEC and former Nomura trader Michael Gramins continue to make meaningful progress in settlement discussions.
The DOJ says UBS has created an unnecessary backlog of witness depositions in a lawsuit accusing it of fraud in relation to the sale of RMBS.
Credit Suisse explains that the loss is partially due to an increase in provisions for RMBS-related cases by $850 million.