Credit Suisse is said to spin out a $1b quant hedge fund

Credit Suisse is said to spin out a $1b quant hedge fund

A pedestrian and a tram pass the front of Credit Suisse Group AG's headquarters in Zurich, Switzerland, on Thursday, Oct. 23, 2014. Credit Suisse, Switzerland's second-biggest bank, said it had a "mixed" start to this quarter after a rebound in trading helped lift earnings in the three months through September. Photographer: Gianluca Colla/Bloomberg

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