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Credit Suisse Targeted for Breakup by Little Hedge Fund With Big Plans

A small but top-performing activist hedge fund has set its sights on an ambitious target: breaking up Swiss banking behemoth Credit Suisse Group AG.

RBR Capital Advisors AG, which is based close to Lake Zurich and headed by outspoken trader Rudolf Bohli, said Tuesday it wanted the bank to split into an investment bank, a wealth manager and an asset manager.