Credit Suisse Warns of $500 Million Hit From Billionaire’s Lawsuit

日本 ニュース ニュース

Credit Suisse Warns of $500 Million Hit From Billionaire’s Lawsuit
日本 最新ニュース,日本 見出し
  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Credit Suisse is expected to pay around $500 million after losing a lawsuit brought by a Georgian billionaire who claimed the bank mismanaged his money

Credit Suisse Group AG is expected to pay around $500 million after losing a lawsuit brought by a Georgian billionaire who claimed the bank mismanaged his money.

Credit Suisse has spent years fending off claims from Bidzina Ivanishvili, a former prime minister of Georgia. for breach of trust, alleging he lost $800 million on forged trades made by his Geneva-based private banker, Patrice Lescaudron. Mr. Ivanishvili sought $400 million damages in Bermuda’s Supreme Court, where a five-week trial ended in December.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

WSJ /  🏆 98. in US

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Breakingviews - Private credit funds take page from start-up bookBreakingviews - Private credit funds take page from start-up bookWhen Thoma Bravo agreed to acquire enterprise software firm Anaplan for $10.7 billion, it had to find lenders comfortable with financing a company with no real history of operating cash flow. Wall Street banks have trouble filling that role, so Thoma Bravo turned to direct lenders , including the credit arms of Blackstone and Apollo Global Management . These firms are playing aggressively to upend traditional lenders. It sounds like a technology start-up model mixed with a venture capitalist’s spirit – with the risk that entails.
続きを読む »

I bought a gas guzzler with the government's EV tax credit | Digital TrendsI bought a gas guzzler with the government's EV tax credit | Digital TrendsMy new Jeep weighs well over 5,000 pounds and gets under 20 mpg. But I love it -- because the government paid me $7,500 to buy it.
続きを読む »

Apple buys UK-based open banking startup Credit Kudos | EngadgetApple buys UK-based open banking startup Credit Kudos | EngadgetThe deal could be a precursor to Apple Card's arrival in Europe..
続きを読む »

Apple acquires UK open banking startup Credit KudosApple acquires UK open banking startup Credit KudosCredit Kudos becomes the latest European open banking startup to be snapped up by a US acquirer.
続きを読む »

UnAmerican Express: Critics launch campaign against ‘racially divisive policies’ at credit card giantUnAmerican Express: Critics launch campaign against ‘racially divisive policies’ at credit card giantCritics of critical race theory and 'woke' corporations have targeted credit card giant American Express.
続きを読む »

Agencies aim to scrub most medical debt from credit reports if paid offAgencies aim to scrub most medical debt from credit reports if paid offSome good news for anyone wishing to cleanse their credit reports of medical debt!
続きを読む »



Render Time: 2025-03-01 05:48:01