Global Investigations Review - The law and practice of international investigations

Update: DOJ settlement ends last major US mortgage-backed securities investigation into RBS

By Waithera Junghae

10 May 2018

Update: DOJ settlement ends last major US mortgage-backed securities investigation into RBS 
RBA iStock.com/trenchcoates

Lawyers from WilmerHale and Davis Polk helped the Royal Bank of Scotland enter into an agreement in principle to pay $4.9 billion to settle DOJ allegations that it mis-sold mortgage-backed securities before the 2008 financial crisis.