WICHITA, Kan. – A federal court yesterday rejected a bid by RBS Securities to dismiss $1.9 billion of claims against it by NCUA over the failure of U.S. Central FCU, giving the federal regulator a much-needed boost to its dwindling prospects for recoveries on almost $10 billion of claims against Wall Street banks.

The ruling by the U.S. District Court for the District of Kansas—where U.S. Central was based-comes after the same court dismissed billions of NCUA claims against JP Morgan Chase, Bear Stearns, UBS Securities and Credit Suisse Securities, and a federal court in California dismissed the majority of claims against Goldman Sachs, ruling that NCUA’s filing of civil suits were too late to satisfy the statute of limitations. NCUA has filed appeals trying to reinstate those claims.

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