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Credit Suisse Shares Fall On Writedown Rumors

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Shares in Swiss bank Credit Suisse (CSGN.VX) fell by around 3 percent on Monday after a Swiss newspaper reported the bank faced writedowns in its commercial mortgage and leveraged-finance business.

Credit Suisse has until now emerged relatively unscathed from the U.S. subprime mortgage crisis whi …

Original post by (Reuters)


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