Dexia Sues Merrill Over MBS

02 Apr 2012

Brussels-based Dexia has filed suit against Bank of America’s Merrill Lynch unit for losses it claims it suffered on its investment of more than $900 million in mortgage-backed securities it bought from the bank.

Dexia Sues Merrill Over MBS

Brussels-based Dexia has filed suit against Bank of America’s Merrill Lynch unit for losses it claims it suffered on its investment of more than $900 million in mortgage-backed securities it bought from the bank.

Click here to read the story from Bloomberg.

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