Fresh Today

Fresh Today

WASHINGTON—With the House and Senate at home for a two-week district work period, both credit union trade associations are backing efforts by credit unions to set up meetings with their representatives and senators in their home districts/states and talk about issues critical to the industry.

NEW YORK—Two UBS AG units have agreed to pay $230 million to settle allegations that the bank peddled toxic residential mortgage-backed securities to unsuspecting investors in the run-up to the financial crisis of 2008, New York Attorney General Eric Schneiderman said.