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Credit Suisse Unit Awaits Bermuda Judgement

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Switzerland’s second-biggest bank is awaiting a judgment after a five-week trial looked into whether the bank’s life insurance unit bears responsibility for fraudulent activities committed by one of its bankers, «Bloomberg» (behind paywall) reported. Eastern European oligarchs including former Georgian prime minister, Bidzina Ivanishvili, have taken the bank to court…

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Click here to read the full story: Finews

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