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Credit Suisse accused of systemic fraud in U.K. subprime suit - Vimarsana News

Credit Suisse accused of systemic fraud in U.K. subprime suit

Published: April 20, 2023

IKB Deutsche Industriebank sued Credit Suisse for $160 million alleging fraud and misrepresentation by the lender in the sale of debt securities that were at the heart of the 2008 global financial crisis.

Source: americanbanker.com
Related Topics:
City OfUnited KingdomRheinland PfalzStefan Wermuth BloombergDeutsche IndustriebankPatrick GoodallUs Department Of JusticeCredit Suisse GroupCredit SuisseSuisse GroupLoreley FinancingIndustry NewsBanking Crisis 2023
Credit Suisse in High Court tomorrow: Bank sued over securities linked to 2008 crisis - Vimarsana News

Credit Suisse in High Court tomorrow: Bank sued over securities linked to 2008 crisis

Published: April 19, 2023

Credit Suisse is set to appear at the High Court in London on Thursday to defend itself against a $160m (£129m) claim over allegations the Swiss bank made

Source: cityam.com
Related Topics:
Rheinland PfalzBen LucasCredit SuisseHigh CourtUs Department Of JusticeLoreley Financing