UBS faces new legal battle in U.S. over mortgage securitiesUBS Group AG , Switzerland's largest bank, faces another potentially costly legal battle as the U.S. Department of Justice draws up civil charges over the sale of mortgage-backed securities in the run-up to the 2008 financial…Read More
Toshiba sheds more assets, cuts jobs to regain investor trustToshiba Corp announced on Thursday it is shedding assets, cutting jobs and buying back its stock starting this week, sending its shares up 13 percent, as the once-mighty Japanese conglomerate aims to regain investor confidenc…Read More
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