Business

Credit Suisse Fights $600 Million Damages Award Over Mishandling of Rogue Banker

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A sign for Credit Suisse Group AG in a window of the bank's headquarters in Zurich, Switzerland, on Thursday, March 24, 2022. Credit Suisse warned it may need to set aside more funds for legal costs as a result of an expected Bermuda court ruling finding it liable for potentially more than $500 million in a case involving a local insurance unit. Photographer: Stefan Wermuth/Bloomberg

A sign for Credit Suisse Group AG in a window of the bank’s headquarters in Zurich, Switzerland, on Thursday, March 24, 2022. Credit Suisse warned it may need to set aside more funds for legal costs as a result of an expected Bermuda court ruling finding it liable for potentially more than $500 million in a case involving a local insurance unit. Photographer: Stefan Wermuth/Bloomberg



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