Big Banks Agree To Pay $12.5 Billion Just Before Christmas To Settle Crisis Era Toxic Debt Probes |
| December 24, 2016 | December 2016 Bond Updates |
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Deutsche Bank and Credit Suisse have agreed to pay a collective $12.5 billion to settle litigation stemming from their bundling of risky subprime and Alt-a mortgages during mid-2000s credit bubble. |
| View more at: http://www.forbes.com/sites/antoinegara/2016/12/23/big-banks-agree-to-pay-12-5-billion-just-before-christmas-to-settle-crisis-era-toxic-debt-probes/ |
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