{"id":77699,"date":"2021-03-29T02:26:29","date_gmt":"2021-03-29T06:26:29","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77699"},"modified":"2021-03-29T02:05:51","modified_gmt":"2021-03-29T06:05:51","slug":"credit-suisse-takes-hit-from-u-s-hedge-fund-warns-of-highly-significant-losses","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/03\/2021\/credit-suisse-takes-hit-from-u-s-hedge-fund-warns-of-highly-significant-losses.html","title":{"rendered":"Credit Suisse takes hit from U.S. hedge fund; warns of \u2018highly significant\u2019 losses"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/CSG.N-CH\" target=\"_blank\">Credit Suisse<\/a> warned Monday of a \u201chighly significant\u201d hit to to its first-quarter results, after it began exiting positions with a large U.S. hedge fund that defaulted on margin calls last week. In a trading update before the market open, the Zurich-based lender said a number of other banks were also affected and had begun exiting their positions with the unnamed firm.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/03\/29\/credit-suisse-exits-positions-with-hedge-fund-warns-of-losses.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Credit Suisse warned Monday of a \u201chighly significant\u201d hit to to its first-quarter results, after it began exiting positions with a large U.S. hedge fund that defaulted on margin calls last week. In a trading update before the market [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77699","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77699"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77699\/revisions"}],"predecessor-version":[{"id":77700,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77699\/revisions\/77700"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}