Nomura, RBS May Face $500M in Damages

Nomura and RBS could be hit with $500M in damages for allegedly selling faulty mortgage loans. Bloomberg’s Zeb Eckert reports on “Trending Business.” (Source: Bloomberg)

Bloomberg ‹GO› Full Episode (05/11)
17:05 - Bloomberg ‹GO› hosted by Jonathan Ferro and Amanda Lang. Guests include Abhay Deshpande, founder and chief investment officer at Centerstone Investors, Barry Bannister, chief equity strategist at Stifel Nicolaus, Michael Gould, former chairman and chief executive officer at Bloomingdale's, Steven Wieting, global chief investment strategist at Citi Private Bank, Mike Siegel of Goldman Sachs Asset Management, Stan Meyers, analyst at Piper Jaffray, Bruce Bittles, chief investment strategist at Baird, and Gerardo Rodriguez, portfolio manager of emerging markets allocation fund at BlackRock. (Source: Bloomberg)
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