Credit Suisse loses $900 million lawsuit to former Georgia prime minister

Credit Suisse loses $900 million lawsuit to former Georgia prime minister

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A Singapore court has ordered a unit of Credit Suisse Group to compensate Georgian businessman Bidzina Ivanishvili for its failure in safeguarding the plaintiff’s assets. “It is noted that the Defendant (Credit Suisse) has admitted that it was in breach of its duty to the plaintiffs to safeguard…

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