In a securities filing Wednesday, the San Francisco lender increased the estimated amount it could lose beyond what it has set aside for legal costs to as much as $1.1 billion as of Dec. 31. That’s up from $950 million three months earlier. The lender did not disclose any new legal cases in the filing on Wednesday.
In a securities filing Wednesday, the San Francisco lender increased the estimated amount it could lose beyond what it has set aside for legal costs to as much as $1.1 billion as of Dec. 31. That’s up from $950 million three months earlier. The lender did not disclose any new legal cases in the filing on Wednesday. MARK HAMES mhames@charlotteobserver.com
In a securities filing Wednesday, the San Francisco lender increased the estimated amount it could lose beyond what it has set aside for legal costs to as much as $1.1 billion as of Dec. 31. That’s up from $950 million three months earlier. The lender did not disclose any new legal cases in the filing on Wednesday. MARK HAMES mhames@charlotteobserver.com