Nomura to Pay $480M to Settle U.S. Mortgage Bond Mis-Selling Claims

Nomura has agreed to pay $480m to settle civil claims that it misled investors in the lead up to the financial crisis. The settlement is the latest in a long string of cases relating to the sale of residential mortgage-backed securities that have resulted in banks paying billions of dollars in fines. “This settlement holds… Continue reading Nomura to Pay $480M to Settle U.S. Mortgage Bond Mis-Selling Claims