|>>|| No. 22245
I'd like to say a shift in company ethics with the hopes the rest of the banks might follow, given the changing regulatory landscape and the impending implementation of the Volcker rule as an extension of Dodd Frank (R.I.P. Proprietary trading). But if I know CS then it's somehow cheaper to admit they diddled hundreds of millions, if not billions, of dollars from the US government via their own ultra high net worth citizens who placed their trust in tax loopholes offered by CS's off shoring tactics.
They are part of the small group of big boys who are getting of relatively Scott free in comparison to a lot of the other banks who don't have the clout to impose on governments, so maybe this was the condition they had to meet in order to escape having unfavourable light shone on their dark pools. Who knows, eh? But if the customer could see how aggressively they were traded against by the bankers they pay to manage their assets, they may lose faith rather quickly.
Tl;dr CS is probably taking the cheap route, their reputation is worth more than they're paying out.