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Activist investor RBR calls for Credit Suisse break-up

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.

RBR, which is led by Rudolf Bohli, wants to divide Credit Suisse into an investment bank, an asset management group and a wealth manager accommodating the Zurich-based bank's...

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