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...The US Department of Justice alleged that UBS defrauded investors when it sold 40 residential mortgage-backed securities deals between 2006 and 2007, which ultimately sustained substantial losses during...
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...New York-based Better also faced an investigation by the US Securities and Exchange Commission into whether it had violated securities laws following allegations by its former head of sales and operations...
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...At the Sohn investment conference in London on Wednesday, Block said he is shorting Blackstone Mortgage Trust, a publicly traded real estate investment trust Blackstone took control of a decade ago as it...
...Citing figures from data provider EPFR, strategists at Bank of America Securities now project record full-year fund inflows of $1.3tn....
...investment trusts held by households now stands at ¥382tn, up 27 per cent in the past year....
...But the damage to client trust had been done....
...The issue recalls the fallout from the failure of Thornburg Mortgage, which revealed financial difficulties shortly after KPMG published an unqualified opinion on the mortgage lender’s 2007 results....
...mortgages an impossibility....
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...Ben Whitmore, whose funds include the £2.1bn Jupiter UK Special Situations Fund and the £1.6bn Jupiter Income Trust, is leaving at the end of July to set up his own firm....
...Hamas captured more than 230 civilians and soldiers during its October 7 attack and killed more than 1,400 people, according to Israeli officials....
...Sid responded with brio as 1.5mn individuals snapped up shares that later turned a huge profit. But 37 years later Sid cuts a more pathetic figure....
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