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>> UBS AG Latest News

MAR 23, 2013 - Yahoo! News

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UBS in settlement talks with SEC over mortgage bond deal: WSJ

(Reuters) - UBS AG is in talks with the Securities and Exchange Commission to settle allegations the bank defrauded investors in a mortgage bond deal that soured during the financial crisis, the Wall Street Journal reported, citing people familiar with the matter. The SEC's investigation focuses on allegations UBS defrauded investors in the sale of more than $748 million in notes tied to a collateralized debt obligation the bank created in 2007, the paper reported. ...

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