Bonds proved toxic and failed after the US housing bubble burst
Federal Housing Finance Agency
Bank is seeking to have case over its handling of mortgage securities dismissed
Amount to cover cost of involvement in mis-selling of US mortgage-backed securities
Negotiations with US agency could be concluded as soon as next week
Sum reflects substantial shift in political attitudes towards banks
Bank sets aside €1.2 billion, more than expected for litigation costs
Although bank is refusing to pay amount requested, it expects to settle for billions
Swiss private bank settles US mortgage litigation and takes €698 million charge
YOU MAY ALSO LIKE...
Crosswords & puzzles to keep you challenged and entertained
Follow all the action from this year's championship
Start The Search For Your Next Job
Latest news and analysis on the battle to save the planet
A project examining attitudes about the future of Ireland
Weddings, Births, Deaths and other family notices