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Credit Suisse sets aside £405m for dealmaking legal costs
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Litigation cost provisions relating to settlements of about CHF500m (about £405m) are expected to impact profit at Credit Suisse’s results for the fourth quarter of 2021.
In a 25 January statement, the lender said the legal costs would be partly offset by gains on real estate sales of CHF225m.
“These litigation provisions have been incurred...
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