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Credit Suisse and Nomura take hit from U.S. hedge fund; warn of 'significant' losses

Credit Suisse bank. NurPhoto | NurPhoto | Getty Images LONDON — Credit Suisse warned Monday of a “highly significant” hit to its first-quarter results, after it began exiting positions with a large U.S. hedge fund that defaulted on margin calls last week. In a trading update before the market open, […]

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