SUBSCRIBERS
Activist investor RBR calls for Credit Suisse break-up
Published Tue, Oct 17, 2017 · 09:50 PM
Zurich
ACTIVIST investor RBR Capital Advisors has launched a campaign to break up Credit Suisse after building up a small stake in Switzerland's second-biggest lender.
A spokesman for the Swiss hedge fund told Reuters on Tuesday it has been talking to the management of the bank which it wants to separate into three different parts.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
UBS weighs synthetic risk transfer amid capital boost proposals
Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea
Japanese yen slides back towards 34-year low after brief spike
China’s Bank of Communications Q1 profit rises 1.44%
HSBC’s private bank shuts independent asset management business in HK, Singapore
Nomura Q4 net profit jumps almost eight-fold on retail income surge