Bloomberg Credit Suisse Group AG, Switzerland’s second-largest bank, is being targeted by a little-known local activist investor who says he wants to break up the lender into three parts. Rudolf Bohli, who manages 250 million francs ($256 million) at RBR Capital Advisors, has taken a 0.2 percent stake in Credit Suisse, worth about 100 million francs, according to a person …

Bloomberg The Reserve Bank of Australia (RBA) says economic conditions at home and abroad ‘had been more positive since 2016,’ according to minutes of this month’s policy meeting where interest rates were left unchanged. National accounts indicated private non-mining business investment increased in the June quarter to be almost 10% higher than at the start of 2016. Public consumption had …

Bloomberg HSBC Holdings Plc’s former head of currency trading in London made at least $500,000 in commissions by front-running a multi-billion-dollar deal that betrayed the bank’s duty to its client, according to US prosecutors. The allegations, made in court documents handed out at the start of a two-day hearing, form part of the US government’s petition to extradite Stuart Scott …