RBS Securities agrees to pay CT $120 million

One of Stamford's largest employers has agreed to pay Connecticut the largest settlement in state history. The attorney general says RBS Securities will pay $120

The attorney general says RBS Securities will pay $120 million to end an investigation into it's underwriting of mortgage backed securities leading up to the financial crisis in 2008.

The attorney general says RBS Securities will pay $120 million to end an investigation into it's underwriting of mortgage backed securities leading up to the financial crisis in 2008. (10/4/16)

STAMFORD - One of Stamford's largest employers has agreed to pay Connecticut the largest settlement in state history.

The attorney general says RBS Securities will pay $120 million to end an investigation into its underwriting of mortgage-backed securities leading up to the financial crisis in 2008.

RBS is accused of not investigating the quality of the mortgages and causing more than $40 billion in loses

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