
Bermuda's Supreme Court is "shortly expected" to issue a judgment against a local life insurance subsidiary of the Credit Suisse banking group, costing more than $500m, the Zurich-headquartered group said in a statement on the evening of 23 March. The judgment is likely to affect Credit Suisse Life Bermuda, it said. "Credit Suisse Group announces that a court in Bermuda is expected to publish shortly a judgment against a local life insurance subsidiary of Credit Suisse AG, Credit Suiss...
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