| 30.01.2012 - Credit Suisse bets on US property market |
| The New York Federal Reserve said it has sold $7 billion in residential mortgage-backed assets acquired in its AIG bailout to Swiss bank Credit Suisse (CS. The New York Fed did not disclose the amount paid for the assets, part of a special portfolio created in the 2008 rescue of the American insurance and financial services company. The assets were sold through an auction, it said in a statement...............................................Full Article: Source |