Credit Suisse reaches final settlement with NJAG in RMBS case
Credit Suisse Group has reached a final settlement with the New Jersey Attorney General related to its RMBS business.
Credit Suisse Group has reached a final settlement with the New Jersey Attorney General related to its RMBS business.
The SEC and former Nomura trader Michael Gramins continue to make meaningful progress in settlement discussions.
The DOJ says UBS has created an unnecessary backlog of witness depositions in a lawsuit accusing it of fraud in relation to the sale of RMBS.
Credit Suisse explains that the loss is partially due to an increase in provisions for RMBS-related cases by $850 million.