Credit Suisse settles N.Y. probe
- Share via
From Times Wire Services
Credit Suisse Group will buy back $548 million in auction-rate securities and pay a $15-million fine to settle a probe into the sale of the risky investments, the New York attorney general’s office said.
The Swiss banking giant becomes the latest institution to settle state and federal investigations, with penalties now totaling more than $1 billion.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
