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RBS, German Bank Reach Accord In $243M MBS Row

By Ed Beeson ( August 21, 2014, 11:49 AM EDT) -- Landesbank Baden-Wuerttemberg has reached an agreement in principle with a unit of The Royal Bank of Scotland Group PLC to end litigation over alleged misrepresentations the Scottish bank made about some $243 million worth of mortgage-backed securities certificates it sold to the German lender, an attorney for the plaintiffs said Wednesday....

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