The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking multibillion-dollar settlements with Deutsche Bank and Credit Suisse, while separately filing a lawsuit against Barclays alleging more than $30 billion in fraud-tainted sales.

US authorities settled with Deutsche Bank for $7.2 billion on December 22. Early on December 23, Credit Suisse said it had agreed to pay about $5.3 billion to close the matter.