Wealth and Asset Management
Behind Credit Suisse's $1 Billion Lehman Fight, a Risky Trade
Three years into the bankruptcy of Lehman Brothers, Credit Suisse Group AG made a bold move. It was around 2011 and most of its peers were settling claims that Lehman owed them billions of dollars from failed derivatives trades. Instead of joining in, Credit Suisse — which had said Lehman…
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