Credit Suisse Gets Initial OK For $15.5M Write-Down Deal
By Rachel O'Brien ( August 24, 2020, 9:02 PM EDT) -- A New York federal judge gave a preliminary green light Monday to a $15.5 million settlement between Credit Suisse and investors who sued the bank alleging it hid problems with risk management in its fixed-income franchise before $1 billion in write-downs in 2016....
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