Investment Banks Can't Escape FDIC Suit Over RMBS

By Jon Hill · October 18, 2019, 8:20 PM EDT

A New York federal judge ruled Friday that investment banking units of Credit Suisse, Deutsche Bank and three other major European banks must face Federal Deposit Insurance Corp. claims over about...

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Case Information

Case Title

Federal Deposit Insurance Corporation et al v. Bear Stearns Asset Backed Securities I L.L.C. et al

Case Number

1:12-cv-04000

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

May 18, 2012