Credit Suisse Mulls U.S. Fixed Income Spin Off - Presented by: The Aol. On Network

According to a report in the Financial Times, Credit Suisse is mulling a plan to spin off part of its fixed income business in the United States in order to help trim costs. The Swiss bank is considering selling a stake in its subsidiary Wake USA - an electronic market for U.S. government bonds that it started with a high-speed trading group Tower Research - citing unnamed sources familiar with the bank's thinking.



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