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CS Credit Suisse Group

0.8858
0.00 (0.00%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Credit Suisse Group NYSE:CS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.8858 0 01:00:00

Credit Suisse Escalates Legal Claim Against SoftBank in $440 Million Dispute, FT Reports

11/08/2022 7:48am

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--Credit Suisse has sought permission in the U.K. to start legal proceedings against SoftBank on behalf of clients that it had lent through Greensill Capital, the Financial Times reports, citing unnamed sources.

--The claims concern $440 million of Credit Suisse client funds that Greensill lent to Katerra, a U.S. construction company that later filed for bankruptcy, the FT says.

 

Full story: https://on.ft.com/3zGcnbq

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

August 11, 2022 02:33 ET (06:33 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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