(Bloomberg) UniCredit SpA settled a dispute with a London hedge fund that had accused the Italian bank of boosting capital strength by misclassifying certain securities. UniCredit’s so-called CASHES notes were issued in 2008. Caius Capital in May said the bank wrongly classified the hybrid notes as core capital. UniCredit in turn sued Caius for about 90 million euros ($102 million).
UniCredit Wins Payment After Fund Alleged Bank Misstated Capital
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