Published in TZ Latest News
23 December, 2016 by The TZ Newswire Staff
Deutsche Bank, Credit Suisse To Pay $12B in Penalties To Settle Crisis-Era Debt Claims
Credit Suisse and Deutsche Bank have been hit with a combined penalty of more than $12 billion over the sale of U.S. toxic debt, further hampering two of Europe’s leading investment banks as they struggle with weak earnings.