Analysts see small chance of activist success at Credit Suisse
Bank analysts are sceptical about an activist campaign to split Credit Suisse into three parts, suggesting the firm behind the move — RBR Capital — will likely struggle to get enough investor backing to succeed. (FN)
JPMorgan makes significant fintech acquisition
WePay, which helps online marketplaces and crowdfunding websites process payments, has accepted a takeover offer from JPMorgan worth more than $200m. The deal marks JPMorgan’s first sizeable acquisition of a fintech startup. (WSJ)