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Tag: mortgage case

Capital and Risk, Credit, Regulations

Credit Suisse pays $600 million to settle U.S. mortgage case

February 12, 2021

Via: American Banker

Credit Suisse Group AG agreed to pay $600 million to settle a lawsuit over mortgage securities that collapsed in the 2008 financial crisis, an accord that locks in an expected hit to its profit. The plaintiff, MBIA Insurance, said late […]