Credit Suisse Edges Toward $440 Million Clash With SoftBank

Credit Suisse Edges Toward $440 Million Clash With SoftBank

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Business, Social Studies

University

Hard

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Credit Suisse is pursuing legal action against SoftBank, alleging it played a role in the financial losses related to the collapse of Greensill Capital. The Swiss bank claims that SoftBank restructured its relationship with Greensill to withdraw its own funds, knowing Greensill was failing. Credit Suisse seeks to recover $440 million and more. The legal proceedings are ongoing in both the US and UK, with SoftBank contesting the claims.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is SoftBank's stance regarding the lawsuit filed by Credit Suisse?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Credit Suisse aim to achieve through its legal actions against SoftBank?

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