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Tag: lender

Swiss lender UBS agrees to pay .4B for US fraud charges
Business

Swiss lender UBS agrees to pay $1.4B for US fraud charges

August 15, 2023August 15, 2023

Switzerland-based lender UBS agreed to $1.435 billion to settle fraud costs relating to the sale of residential mortgage-backed securities (RMBS), the U.S. Justice Department mentioned

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US nominates ex-Mastercard CEO Ajay Banga to lead World Bank
Business

US nominates ex-Mastercard CEO Ajay Banga to lead World Bank

February 24, 2023

Former Mastercard CEO Ajay Banga has been nominated by the U.S. to steer the World Bank, President Joe Biden introduced on Thursday, crediting him with

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