Credit Suisse could face new legal problems in the US
Swiss bank Credit Suisse is facing a US class action lawsuit related to $ 1 billion worth of write-downs made two years ago, Swiss newspaper SonntagsZeitung reported on Sunday, but the Swiss bank said the accusations lack basis. The lawsuit is filed against the financial institution, its chief executive Tidjane Thiam, and the financial officer, David Mathers. The court in …