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Credit Suisse recovery weighed down by billions in legal bills
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fnlondon.comCredit Suisse's multibillion-dollar legal bills are posing another threat to its planned recovery.
The Swiss bank has taken around $4bn in litigation provisions since 2020, contributing to net losses in 2021 and 2022. In February, it estimated up to another $1.3bn looks reasonably possible.
Credit Suisse’s legal charges have outstripped those...
Read more on fnlondon.comAbout this in other media
UBS Group doubles offer and acquires Credit Suisse for $2B cointelegraph.com /1 year ago
Credit Suisse rescue plan may include nationalization, bondholder losses cointelegraph.com /1 year ago
UBS offers to buy Credit Suisse for up to $1 billion, the Financial Times reports cnbc.com /1 year ago
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