Credit Suisse Fails to Topple $600 Million Rogue-Banker Bill

A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon Bidzina Ivanishvili.

The Privy Council — the top tribunal for cases brought in many British territories — dismissed five of Credit Suisse’s six appeals, siding with it only on one point over the starting date for damages, in a decision handed down on Monday.