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Credit Suisse, Mozambique reach out-of-court 'tuna bond' settlement By Reuters - Modern Digital India
Saturday, May 30, 2026
International Investments

Credit Suisse, Mozambique reach out-of-court ‘tuna bond’ settlement By Reuters

By Isabella Margaret
Credit Suisse, Mozambique reach out-of-court ‘tuna bond’ settlement By Reuters
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© Reuters. FILE PHOTO: The logo of Credit Suisse is seen outside its office building in Hong Kong, China, August 8, 2023. REUTERS/Tyrone Siu/File Photo

ZURICH (Reuters) – Credit Suisse has reached an 11th-hour out-of-court settlement with Mozambique over the $1.5 billion-plus “tuna bond” scandal, the Swiss bank’s new owner UBS said on Sunday, drawing a line under a damaging dispute it inherited.

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Isabella Margaret
Isabella Margarethttps://moderndigitalindia.com

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