Hedge fund made $30 million in days thanks to a well-timed bet on Credit Suisse’s problems
It’s been a tumultuous few weeks for Swiss lender Credit Suisse—but one hedge fund has reportedly won big from the bank’s collapse and subsequent rescue. Credit Suisse was bought out by rival UBS earlier this month in a $3.25 billion deal backed by the Swiss government, with the bank agreeing to…
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