CQS looking to grow U.S. presence under new CEO Rolet

(Reuters) – CQS, the London-based global multi-strategy credit-focused asset management firm with $17.7 billion in assets, is looking to grow its presence in the United States, Xavier Rolet, who... Read more »

SEC sues Volkswagen, Winterkorn, citing ‘Dieselgate’ fraud on investors

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, accusing the company... Read more »

BOE tells some UK lenders to triple amount of liquid assets before Brexit – FT

FILE PHOTO: City workers walk past the Bank of England in the City of London, Britain, March 29, 2016. REUTERS/Toby Melville/File Photo/File Photo (Reuters) – The Bank of England... Read more »

Credit Suisse settles New York state RMBS lawsuit

ZURICH (Reuters) – Credit Suisse has settled a 2012 New York state lawsuit alleging misconduct over residential mortgage-backed securities (RMBS), with a source familiar with the deal saying the... Read more »

U.S. judge orders Ed Sheeran to face Marvin Gaye plagiarism lawsuit

NEW YORK (Reuters) – A U.S. judge has rejected English singer and songwriter Ed Sheeran’s request to dismiss a lawsuit accusing him of lifting from Marvin Gaye’s 1973 classic... Read more »

U.S. judge orders Ed Sheeran to face Marvin Gaye plagiarism lawsuit

NEW YORK (Reuters) – A U.S. judge has rejected English singer and songwriter Ed Sheeran’s request to dismiss a lawsuit accusing him of lifting from Marvin Gaye’s 1973 classic... Read more »

U.S. sues UBS, alleges crisis-era mortgage securities fraud

NEW YORK (Reuters) – The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG (UBSG.S), Switzerland’s largest bank, of defrauding investors in its sale of... Read more »

UBS faces new legal battle in U.S. over mortgage securities

ZURICH (Reuters) – UBS Group AG (UBSG.S), Switzerland’s largest bank, faces a another potentially costly legal battle as the U.S. Department of Justice is preparing civil charges over the... Read more »

UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities

(Reuters) – UBS Group AG, Switzerland’s largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to... Read more »

UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities

The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann (Reuters) – UBS (UBSG.S), Switzerland’s largest bank, said it expects to be sued... Read more »