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LUGANO – For Credit Suisse, saved from bankruptcy on Sunday March 19 thanks to the takeover by UBS, against a guarantee of 100 billion francs from the Swiss National Bank, the troubles never end. This time they come from Los Angeles, where it is based Emmanuel Urquart & Sullivanbelieved to be the largest law firm on the planet.
In the crosshairs of the legion of lawyers who work there is the decision of the Finma, the Swiss gendarme of the markets, to reset