Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday.
to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday.
BlackRock's Financial Markets Advisory group has been selling off securities over the last two weeks, including pieces of collateralized loan obligations, commercial mortgage bonds and niche asset-backed debt,BlackRock and Credit Suisse declined to comment when contacted by Reuters.
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