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Push to Resolve Toxic Securities Cases Yields Two Big Settlements, One Lawsuit

In a 12-hour flurry only before Christmas, dual large European banks staid mortgage-securities probes with a U.S. Justice Department, similar to compensate $12.5 billion. Another didn’t, and it got sued.

The anomalous paths paint a graphic fortunes of Deutsche Bank AG, Credit Suisse Group AG and Barclays PLC, and a singular pressures to solve a cluster of long-running investigations before a attainment of a new and unpredictable…

Article source: http://www.wsj.com/articles/push-to-resolve-toxic-securities-cases-yields-two-big-settlements-one-lawsuit-1482523175

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