Credit Suisse (CS) joins JPMorgan in settling with the SEC over misleading investors while...

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

Credit Suisse (CS) joins JPMorgan in settling with the SEC over misleading investors while selling them billions in MBS. Credit Suisse's fine amounts to $120M. Neither bank admits wrongdoing, with the House of Dimon pointing out the charges deal with negligence, not intentional misconduct.

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