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Credit Suisse Shows How Banks Couldn’t Lose in Pre-Crisis CMBS

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Credit Suisse Group AG’s bid to recoup interest on soured commercial mortgage-backed securities is shining a spotlight on more than 14 billion euros $15.3 billion of pre-financial crisis bonds in Europe that were structured to favor arrangers. The Swiss bank’s asset-management unit is requesting a London court determine the amount…

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Click here to read the full story: Swissinfo.ch

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