Credit Suisse will pay $600 million to settle subprime case, says insurer MBIA - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Credit Suisse will pay $600 million to settle subprime case, says insurer MBIA

The agreement follows a ruling by a New York judge in favor of MBIA in the case concerning Credit Suisse's representations to the company, which provided insurance for residential-backed securities ahead of the 2008 financial crisis.

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