EghtesadOnline: UBS increased reserves for penalties tied to mis-selling residential mortgage-backed securities (RMBS) by more than $400 million to $1.405 billion as it posted an 11 percent rise in third-quarter pre-tax profit.

EghtesadOnline: Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities.

EghtesadOnline: Royal Bank of Scotland Group Plc will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, the U.S. National Credit Union Administration (NCUA) said on Tuesday.

EghtesadOnline: Deutsche Bank said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany's largest lender.

EghtesadOnline: To revamp the financial sector Iran’s capital market regulator aims to develop a vibrant market for mortgage-backed securities (MBS) to stimulate the debt market and spur the sluggish construction industry. To this end it has published rules and regulations to underpin the MBS to widen the range of funding options for local firms who suffer from lack of capital.