A New York state court judge on Monday ordered a Credit Suisse subsidiary to pay $604 million to a bond insurer that claims it had to pay out $386 million in claims during the 2008 financial crisis after the Swiss bank lied to get it to insure risky mortgage-backed securities that ultimately imploded.

LAW360 - Law 360

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Published on Jan. 26th, 2021 Published on Jan. 26th, 2021

Scenario: Conduct / Misselling Wholesale

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MSTAR News

Sept. 20th, 2021

ORX Forum

ELSEWARE/MSTAR will be speaking on climate stress on operational risk at the ORX forum on September 23. In particular, we will be presenting the work we have done on this topic with the American Bankers Association and a group of banks.