BlackRock sells asset-backed bonds from Credit Suisse's books

BlackRock sells asset-backed bonds from Credit Suisse's books

FILE PHOTO: The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai/File Photo

Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday.