Wealth and Asset Management
Credit Suisse Overrode Due Diligence Standards And Accepted Questionable Loans: Court Filings
Top officials at Credit Suisse instructed subordinates to override due diligence standards and accept questionable loans, which were later bundled into mortgage investments, news reports said citing documents filed in court by the European bank. The documents, which were made public by a Massachusetts state court on Friday, showed that…
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Click here to read the full story: IB Times