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Credit Suisse gives REITs some good news

Credit Suisse gives REITs some good news

Economic uncertainty has led several investment banks to downgrade their forecasts on real estate investment trusts. But not Credit Suisse, which last week upgraded Vornado Realty Trust and offered a decidedly sunny short-term outlook...

Credit Suisse gives REITs some good news
From left: 11 Madison Avenue and Joseph Harbert

Big banks sticking put, passing on new office towers

More marquee financial companies are choosing to stay in their current office locations rather than upgrading to Manhattan’s much-trumpeted...

Big banks sticking put, passing on new office towers
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Fannie Mae sues big banks for alleged LIBOR misdeeds

Fannie Mae has filed suit against nine banks, including Bank of America and JPMorgan Chase, for working to suppress...

Fannie Mae sues big banks for alleged LIBOR misdeeds
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Credit Suisse considers new Manhattan home

Credit Suisse, which currently lease approximately 3 million square feet in Manhattan, is looking to downsize. According to the Wall Street Journal, the Swiss bank recently contacted a select set of landlords and developers,...

Credit Suisse considers new Manhattan home
From left: Credit Suisse CEO Brady Dougan, AG Eric Schneiderman

AG sues Credit Suisse over RMBS practices

Credit Suisse is the latest financial institution targeted in the government investigation into alleged wrongdoing in the sale of residential mortgage-backed securities. New York Attorney General Eric Schneiderman filed a lawsuit today claiming the...

AG sues Credit Suisse over RMBS practices
New York Attorney General Eric Schneiderman

Authorities probe Credit Suisse over MBS practices

U.S. federal and state authorities have launched a probe investigating Credit Suisse AG’s repackaging and sale of mortgage-backed securities,...

Authorities probe Credit Suisse over MBS practices

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