Activist Investor RBR Capital Buys Stake in Credit Suisse
October 17 2017 - 4:35AM
Dow Jones News
By Matthias Goldschmidt and Max Bernhard
Swiss hedge fund RBR Capital Advisors AG has bought a stake in
Credit Suisse Group AG (CSGN.EB), a spokesman for the fund said
Tuesday.
RBR Capital acquired a stake of between 0.2% and 0.3% in the
Zurich-based group, he said, confirming an earlier report by Swiss
newspaper Finanz und Wirtschaft.
According to the report, RBR Capital Chief Executive Rudolf
Bohli is seeking to split up Credit Suisse by separating its
investment banking arm and listing it separately.
Credit Suisse wasn't immediately available for comment.
Write to Matthias Goldschmidt at matthias.goldschmidt@wsj.com
and Max Bernhard at Max.Bernhard@dowjones.com; @mxbernhard
(END) Dow Jones Newswires
October 17, 2017 04:20 ET (08:20 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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