Credit Suisse To Pay $81M To Exit Stock Loan Antitrust Suit

By Dave Simpson (February 11, 2022, 10:36 PM EST) -- Credit Suisse has agreed to pay investors $81 million to be the first bank to exit a putative New York federal court class action accusing banks of colluding to kill competition in the stock loan market, the investors said in a bid for preliminary approval of the so-called icebreaker deal Friday....

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