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...Paul Mangione, a former head of subprime mortgage trading at the German lender, was sued in 2017 in connection with the sale of $1.4bn of residential mortgage-backed securities after the bank had agreed...
...Paul Mangione, 46, the bank’s then-head of subprime mortgage trading, misrepresented the quality of loans backing two residential mortgage securities in 2007, thus saddling investors with “hundreds of millions...
...According to a complaint filed on Monday in Brooklyn federal court, Paul Mangione participated in the bank’s “fraudulent and illegal scheme affecting financial institutions and other investors” in connection...
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