
RBS Securities, Inc. Agreed to pay $120 million in settlement of allegations it did not follow underwriting guidelines or quality standards when dealing with residential mortgage-backed securities, lead to a collapse in their value. For more info visit https://portal.ct.gov/AG/Press-Releases-Archived/2016-Press-Releases/AG-Jepsen-Banking-Commissioner-Prez-RBS-enters-120M-Settlement-with-State-of-Connecticut-to-Resolve