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Activist chasing Credit Suisse wants ‘First Boston 2.0’

Swiss activist RBR Capital outlines plan to double Credit Suisse's value over the next two years

Activist chasing Credit Suisse wants ‘First Boston 2.0’
Photo: iStockPhoto

RBR Capital Advisors has fleshed out a plan for Credit Suisse to split into three parts – a proposal that includes the return of a famous investment banking brand.

News emerged early last week that RBR, led by activist Rudolf Bohli, was preparing to outline a framework for unlocking value at the Swiss banking group, which is in the midst of a three-year turnaround plan under its chief executive Tidjane Thiam.

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