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Credit Suisse Starts $500 million systematic trading group led by…

(Last Updated On: April 27, 2012)

Credit Suisse Starts $500 million systematic trading group led by…

bloomberg.com

Credit Suisse Group AG, Switzerland’s second-largest bank, is starting a $500 million systematic-trading group within its asset-management business after picking Mika Toikka to lead

 

Great! Do they need IT/Quant talent?

 

It will be very interesting to see how well they manage. Hopefully they will have some sophisticated algo’s that will have them in cash most of the time

 

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