Trustees seek to Credit Suisse pick up the legal tab

US Bank NA, the trustee of two soured pools of residential mortgage-backed securities, has asked an appeals court in New York to find that a unit of Credit Suisse, DLJ Mortgage Capital, must pick up the legal bill for a pair of put-back suits alleging over $802m in losses.

By Stewart Bishop (May 25, 2016, 9:33 PM EDT) -- The trustee of two soured pools of residential mortgage-backed securities asked a New York appeals court Wednesday to find that a Credit Suisse Group AG unit must pick up its legal tab for a pair of put-back suits alleging over $802 million in losses....

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