Credit Suisse hit by U.S. lawsuit over writedowns, says case "without merit"

February 11, 2018 by  
Filed under News

ZURICH (Reuters) – Credit Suisse faces a U.S. class action lawsuit over $1 billion in writedowns it took in 2015 and 2016 linked to its trading division, Swiss newspaper SonntagsZeitung reported on Sunday, but the Swiss bank said the case was “without merit”.

Source: Reuters Business News

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