Hints and tips:
...The firm is also looking into whether Credit Suisse could be liable for mis-selling over statements made to investors, including in an investor presentation in March....
...A decade ago the Financial Industry Regulatory Authority issued an “investor alert” warning investors about non-traded Reits, and subsequently fined several brokers for various mis-selling infractions....
...purchase This week, Blackstone made its second big bet on US housing in less than a month, buying a $5.1bn apartment portfolio from insurance group AIG after spending $6bn acquiring single-family rental property...
...“They said, ‘We were sued, they accused us of mis-marketing, but that wasn’t really the case. In order to settle it and get it behind us we paid a fine,’” she says....
...to expand its property holdings...
...(Financial Times) China will revive mortgage-backed debt sales this week after a six-year hiatus, as the government extends help to homebuyers in a flagging property market....
...(Bloomberg) JPMorgan sued FDIC for more than $1bn, striking back against the government weeks after agreeing to pay $13bn to resolve claims that it mis-sold mortgage securities....
...(Bloomberg) RBS is set to outline a plan on Friday to siphon off tens of billions of pounds of its riskiest assets including Irish property and commercial real estate loans....
...There was a £495m writedown in central Europe and a further £115m provision for the mis-selling of payment protection insurance as well....
...But those crowing over Sam Zell’s mis-step in acquiring Tribune are stuck in an Esop fable....
...A consortium led by KKR and including Bain Capital is said to be interested in the property rights and common law entitlements....
...Peer AstraZeneca rose 0.3 per cent to £32.69 as Credit Suisse said investors had mis-interpreted last week’s interims....
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