Nomura, RBS face $805 million damages after U.S. ruling: lawyer

NEW YORK (Reuters) – A U.S. judge’s ruling that Nomura Holdings Inc and Royal Bank of Scotland Group Plc made false statements selling mortgage-backed securities to Fannie Mae and Freddie Mac could result in a judgment exceeding $805 million, a U.S. regulator’s lawyer said on Tuesday.





Source: Business

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