trending Market Intelligence /marketintelligence/en/news-insights/trending/6X_bX4noxc8BMOc-cdN--A2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

UBS settles mortgage-backed securities case for $230M

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

UBS settles mortgage-backed securities case for $230M

New York-based UBS Securities LLC and UBS Real Estate Securities Inc. have reached a $230 million settlement with New York Attorney General Eric Schneiderman over claims of misconduct leading up to the financial crisis.

The settlement is in connection with the packaging, marketing, sale and issuance of residential mortgage-backed securities by UBS to its investors.

The settlement consists of a $41 million cash payment by UBS to the state of New York and another $189 million in consumer relief for homeowners and communities in New York, according to a press release by the New York State Office of the Attorney General.

In the settlement, UBS admits to "the findings contained in the statement of facts" and agrees to pay the settlement amount.