In the legal profession, information is the key to success. Wells Fargo and Deutsche Bank have urged a Manhattan federal judge to dismiss a pair of lawsuits filed by Deutsche Bank accusing the banks of causing billions of dollars in of losses related to mortgage-backed securities during the financial crisis. The banks argue that the court lacked jurisdiction over most of BlackRock ’s claims.
Wells Fargo and Deutsche Bank have urged a Manhattan federal judge to dismiss a pair of lawsuits filed by Deutsche Bank accusing the banks of causing billions of dollars in of losses related to mortgage-backed securities during the financial crisis. The banks argue that the court lacked jurisdiction over most of BlackRock ’s claims.