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CS turns to bonds to hedge rogue trader risk

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By Owen Sanderson
23 Mar 2016

Credit Suisse is marketing an insurance-linked security to hedge its operational risk, a class of losses which usually include rogue traders, fraud, and IT failures, at the same time as it announced an unauthorised build-up of positions in its illiquid and distressed trading businesses.

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By Owen Sanderson
23 Mar 2016