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NEWS: Credit Suisse Group fights potential $600M (€567M) damage award

By Alisha Houlihan for AMLi

Credit Suisse Group will face another legal challenge this week and looks set to fight a $600M (€567M) damages award for the “mishandling” of a former star banker turned fraudster.

Lawyers for Credit Suisse Life (Bermuda) Ltd, will reportedly challenge its ability to pay the money, reports Bloomberg.

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