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MONTREAL (Reuters) – Bombardier Inc (BBDb.TO) is set to announce the sale of its Q400 turboprop aircraft program to Canadian aircraft manufacturer Viking Air, a person familiar with the matter said late on Wednesday. The sale is expected to be announced with Bombardier’s earnings on Thursday, the person said, asking not to be identified because of the sensitivity of the matter. Bombardier and Viking could not immediately be reached for comment pure gold cufflinks india uk sale. The sale was reported earlier by specialist aviation publication The Air Current..
(Reuters) – UBS Group AG, Switzerland’s largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008 global financial crisis, according to a company statement. The bank said the claims were not supported by the facts or the law and it would contest any such complaint “vigorously.”. The U.S. Department of Justice did not immediately respond to a request for comment pure gold cufflinks india uk sale.
UBS said the Justice Department advised the bank that it intends to file the lawsuit. It anticipates the Justice Department will seek unspecified monetary penalties stemming from mortgage securities which date back to 2006 and 2007 pure gold cufflinks india uk sale. The lawsuit against UBS, a small originator of U.S. residential mortgages at the time, is among the last actions over misconduct in the sale and pooling of mortgage securities which helped to cause the financial crisis. In recent years, the Justice Department has settled similar claims with Citigroup Inc, Deutsche Bank AG, JPMorgan Chase & Co, Credit Suisse Group AG, Morgan Stanley, Goldman Sachs Group Inc, Bank of America Corp and Barclays Plc..
Barclays settled for $2 billion in March after resisting a penalty the U.S. government sought near the end of the Obama administration in 2016 pure gold cufflinks india uk sale. Justice had sought a much higher fine at the time and, when the two sides could not come to terms, the department filed a lawsuit. More recently, HSBC Holdings Plc agreed to pay $765 million in October to settle with the Justice Department over its sale of defective mortgage securities before the crisis, while major player Royal Bank of Scotland Group Plc reached a $4.9 billion deal in May..
(Reuters) – Alphabet Inc’s (GOOGL.O) Google is nearing a deal to buy or lease an office building in New York City that could add space for more than 12,000 new workers, The Wall Street Journal reported on Wednesday, citing sources pure gold cufflinks india uk sale. Google’s deal to buy or lease 1.3 million-square-foot office building at St. John’s Terminal could house nearly double the search giant’s current staffing in the city, WSJ reported. The plan, would give Google room for nearly 20,000 staff in the city, including those it has now, WSJ said..