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$12bn hit for Deutsche Bank, Credit Suisse | Webmarked News

$12bn hit for Deutsche Bank, Credit Suisse

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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 grapple with falling profits. Ciara Lee reports.

$12bn hit for Deutsche Bank, Credit Suisse

Tags : us, Uscredit suisse, Penalty, Investment banks, Fine, europe, Deutsche bank, Debt, Credit suisse

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