Friday, October 25, 2013

Citigroup, Credit Suisse Said to Face U.S. MBS Probes - Bloomberg

Citigroup, Credit Suisse Said to Face U.S. MBS Probes - Bloomberg: "The Justice Department is examining whether both companies violated the Financial Reform, Recovery and Enforcement Act, which targets misconduct affecting federally insured financial firms, according to people briefed on the situation. JPMorgan Chase & Co. (JPM) and Bank of America Corp. also are facing FIRREA inquiries, people familiar with those cases have said."

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