The Swiss bank said that it was 'pleased to have resolved this legacy matter'

Swiss bank Credit Suisse has paid $600m to settle a lawsuit over mortgage securities that collapsed in the 2008 financial crisis with US insurance firm MBIA Insurance.

The settlement was announced in an 11 February 

 by MBIA and means the case will not go to appeal.

Credit Suisse settles lawsuit over mortgage securities for $600m

Bérengère Sim

Credit Suisse

MBIA

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’

London Stock Exchange fires US employee after video of ‘racist’ altercation

Nomura taps Hiraoka and Tyce to lead global rates trading

https://images.fnlondon.com/im-31814537?size=1.5

Japanese bank doubles up leadership of key markets division

Pimco Emea boss Craig Dawson returns to California for new role

https://images.fnlondon.com/im-22233932?size=1.5

Christian Stracke, global head of credit research, will run Emea from bond giant’s London office

BNP Paribas flies in Lynagh from New York to head UK global banking

https://images.fnlondon.com/im-10531328?size=1.5

Mark Lynagh is succeeding Matthew Ponsonby who has resigned from the bank

Guardian Life will seed new initiatives and receive warrants to buy Janus stock.

Janus Henderson Strikes Deal to Manage $45 Billion of Insurer’s Assets

Cryptocurrency firm Ripple said it will acquire credit network Hidden Road for $1.25 billion.

Ripple to Acquire Credit Network Hidden Road

Ripple to Acquire Credit Network Hidden Road for $1.25 Billion

Judges have largely declined government requests to impose bonds on plaintiffs seeking to pause President Trump’s policies.

Planning to Sue Trump Administration? White House Wants You to Pay

Planning to Sue Trump Administration? The White House Wants You to Pay

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

Stan Druckenmiller, Bill Ackman and Jamie Dimon are among those raising concerns about the president’s steep, across-the-globe levies.

By Gregory Zuckerman, AnnaMaria Andriotis and Gina Heeb

Wall Street Starts to Speak Out Against Trump’s Tariffs

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