Credit Suisse Posts Quarterly Loss of $2.3 Billion on Litigation – Bloomberg

Credit Suisse Posts Quarterly Loss of $2.3 Billion on Litigation
Bloomberg
Credit Suisse Group AG posted a fourth-quarter loss of 2.35 billion francs ($2.34 billion) after taking a charge to settle a U.S. investigation into the role of its mortgage securities business in the 2008 financial crisis. The setback, resulting in …
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