All Posts Tagged With: "Lombardy"

Settlement Reached for Bank of America (NYSE: BAC), UBS (NYSE: UBS), and Lombardy Region

A settlement has been reached in one of the more peculiar lawsuits stemming from the financial crisis of 2008. Italy’s picturesque Lombardy region has been embroiled in lawsuits with banking giants Bank of America (NYSE: BAC) and UBS (NYSE: UBS), over derivatives linked to $1 billion of bonds issued years ago. Today’s settlement comes weeks [...]