Credit Suisse AG agreed to remit to the New York State Department of Financial Services US $135 million as part of a consent order related to certain of the bank’s trading practices in foreign exchange for customers from at least 2008 through 2015. DFS alleged that, during this time, the bank inappropriately shared information with other global banks that “may have led” to manipulation of exchange rates and higher costs to Credit Suisse’s customers. DFS also said that, from April 2010 to June 2013, the bank may have tried to front-run customers’ limit and stop loss orders through use of an algorithm designed to trade ahead of customers’ orders. As part of its settlement, Credit Suisse committed to develop and implement a written plan to enhance senior manager’s oversight with NYS and federal laws and regulations related to the bank’s FX trading business.