Wednesday, January 18, 2017

Credit Suisse finalizes $5.3 billion mortgage deal with U.S.

NEW YORK (Reuters) - Credit Suisse formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Wednesday.

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