Credit Suisse Group AG (CSGN) , selling riskier assets to free up capital, has found a ready buyer: its own employees. The same senior bankers who received part of their 2008 pay in illiquid loans and bonds contributed $450 million of their own money to buy more of the firm’s risky assets (CSGN) , such as mortgage-backed securities, said two people with knowledge of the plan, who asked for ...
Credit Suisse Bankers Bet $450M on Firm’s Assets
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