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Ex-Credit Suisse Executives Settle Over Risk Failures

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Nineteen former top managers and directors of Credit Suisse, including ex-chairman Urs Rohner, have agreed to pay $115 million to settle shareholder claims that they failed to maintain adequate risk controls at the Swiss bank. The payout, which will be covered by their directors’ and officers’ insurance, is to be…

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Click here to read the full story: Finews.com

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