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EquityABBs-Block Trades

Finland’s flop leaves Neste taste in mouth of Credit Suisse

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Credit Suisse found itself long of stock in Neste Corp, the Finnish oil refiner, after an €861m sale of shares by the Finnish government on Tuesday night. The failed block trade has prompted equity capital markets bankers to ask whether the market has become much more unforgiving this year, writes Aidan Gregory.

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