Credit Suisse (CS) doesn't believe it has "any material issues" in the "matter" of the...

|About: Credit Suisse Group AG (CS)|By:, SA News Editor

Credit Suisse (CS) doesn't believe it has "any material issues" in the "matter" of the manipulation of the Libor rate. Morgan Stanley has estimated that CS and fellow Swiss bank UBS (UBS) could be hit with penalties of 446M francs ($454.73M) and 827M francs.