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Credit Suisse Suit

Credit Suisse SuitCredit Suisse Suit

Multinational financial services holding Credit Suisse was ordered to face a lawsuit by New York’s attorney general accusing the bank of fraud in sales of mortgage-backed securities before the recession. A New York State Supreme Court judge rejected the bank’s request to dismiss the lawsuit, which demands as much as $10 billion in damages, Bloomberg reported.

 

Financialtribune.com