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Subprime Debacle Catches up With Credit Suisse in Court

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Legacy issues from the global financial crisis are keeping Credit Suisse busy. The Swiss bank must defend itself in London over subprime mortgages. Credit Suisse faces a $160 million lawsuit in London's High Court today over fraudulent misrepresentations in connection with a mortgage-backed securities deal. The suit was brought by…

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Click here to read the full story: Finews.asia

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