Morning Scan: Would a $2.5 Billion Deal Be a Bargain for Credit Suis...

Receiving Wide Coverage ...

Suisse Justice: Credit Suisse is close to a $2.5 billion settlement deal with the Justice Department, according to anonymice who spoke with the Wall Street Journal. The Swiss bank would pay $1.7 billion to the Justice Department, $100 million to the Federal Reserve and $600 million to the New York State Department of Financial Services. The penalties for allegedly helping Americans dodge taxes strike some observers as a little low. "If Lawsky...