United States

Karen Freifeld

Trump could answer written Russia probe questions this week: source

5:24pm EST

President Donald Trump is expected to provide written answers to questions from the special counsel investigating Russian interference in the 2016 U.S. presidential election as soon as this week, a person familiar with the matter said on Tuesday.

U.S. sues UBS, alleges crisis-era mortgage securities fraud

Nov 08 2018

NEW YORK The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG , Switzerland's largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up to the 2008-09 global financial crisis.

UBS faces new legal battle in U.S. over mortgage securities

Nov 08 2018

NEW YORK/ZURICH UBS Group AG , Switzerland's largest bank, faces another potentially costly legal battle as the U.S. Department of Justice draws up civil charges over the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.

UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities

Nov 07 2018

UBS Group AG, Switzerland's largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008 global financial crisis, according to a company statement.

Ex-Manhattan prosecutor on cryptocurrency, Ponzi schemes and other enforcement trends

Nov 07 2018

If there's a market downturn in the coming year, expect more cases involving Ponzi schemes and accounting frauds, says former Manhattan federal prosecutor Telemachus "Tim" Kasulis.

Trump lawyer: Manafort said nothing damaging in Mueller interviews

Oct 23 2018

Under an unusual arrangement, Paul Manafort's attorney has kept Donald Trump informed about the former campaign chairman's meetings with prosecutors investigating Russian meddling in the 2016 U.S. election and, according to Trump's lawyer, Manafort has not said anything damaging about the president.

Exclusive: U.S. Commerce's Ross eyes anti-China 'poison pill' for new trade deals

Oct 05 2018

WASHINGTON U.S. Commerce Secretary Wilbur Ross signaled on Friday that Washington may flex its muscle with additional trading partners in order to exert pressure on China to open its markets, saying that a "poison pill" provision in the recently completed pact with Canada and Mexico could be replicated.

U.S. judge says China's ZTE violated probation; extends monitor's term

Oct 03 2018

A U.S. judge on Wednesday issued an order finding that China's ZTE Corp violated probation imposed in March 2017 when the company pleaded guilty for conspiring to evade U.S. sanctions by illegally shipping U.S. goods and technology to Iran.

After chaotic day, Rosenstein stays in job but will meet with Trump

Sep 24 2018

WASHINGTON President Donald Trump and U.S. Deputy Attorney General Rod Rosenstein, who oversees the special counsel investigation into Russia's role in the 2016 presidential election, will meet on Thursday to discuss whether Rosenstein will stay in his job. | Video

Trump ex-campaign head Manafort changes mind, cooperates in Russia probe

Sep 14 2018

WASHINGTON Donald Trump's former campaign chairman Paul Manafort will cooperate with the federal investigation into Russian meddling in the 2016 election, a dramatic turnaround in a probe that the U.S. president derides as a political witch hunt. | Video

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