Credit Suisse, Barclays in mortgage-settlement talks with DoJ - Bloomberg



Credit Suisse Group AG (CSGN.S) and Barclays Plc (BARC.L) are in mortgage-settlement talks with the U.S. Department of Justice, Bloomberg reported, citing sources.
A Credit Suisse deal could be announced within several weeks, a source familiar with the matter told Bloomberg. (bloom.bg/2daifzh)
Credit Suisse declined to comment on the report. Barclays and the Department of Justice could not immediately be reached.
DoJ officials are eager to wrap up pending cases against lenders, a source told Bloomberg, but said the talks could drag out or fall apart, sending the cases to civil trial.
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28 September 2016 in Business, Views: 50
Source: Reuters
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