Abu Dhabi Bank Sues CS, S&P Over SIV

25 Nov 2010

Abu Dhabi Commercial Bank has filed a lawsuit in New York against Credit Suisse and Standard Poor’s, alleging it was misled over a structured investment vehicle entered into in 2007.

--Rob McGlinchey

Abu Dhabi CommercialBank has filed a lawsuit in New York against Credit Suisse and Standard Poor’s, alleging it was misled over a structured investment vehicle entered into in 2007.

The structure, Farmington, was introduced to ADCB by CS in 2007 after a separate SIV, known as Stanfield ...

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