Bohli Says Timing of Credit Suisse Campaign Is Perfect

The transcript discusses a proposal to separate wealth management and investment banking at Credit Suisse, arguing that there are no synergies between them. The speaker emphasizes engaging with shareholders and potential investors to raise funds and support the plan. The CEO's role and the importance of structure over individual management are debated. The board's past decisions are scrutinized, and the speaker clarifies that the goal is to create value for shareholders, not to engage in a proxy battle unless necessary.

What is the main reason for proposing the separation of wealth management and investment banking at Credit Suisse?

• To address the lack of synergies between the divisions

• To reduce operational costs

• To comply with regulatory requirements

• To increase synergies between the two divisions

What is the primary goal of engaging with large shareholders according to the proposal?

• To replace the current board

• To increase the company's market share

• To convince the majority of shareholders of the plan's merits

• To initiate a proxy battle

What is the proposed role for the current CEO in the new structure?

• To become the chairman of the board

• To retire from the company

• To remain CEO of one of the three companies post-breakup

• To lead the investment banking division

Why does the proposal emphasize structure over individual roles?

• To ensure compliance with international standards

• To focus on cost-cutting measures

• To prioritize management over governance

• To avoid emotional decisions

What has been the performance of Credit Suisse stock under the current chairman?

• Increased by 50%

• Decreased by more than 50%

• Remained stable

• Increased by 10%

What is the ultimate goal of the proposal according to the speaker?

• To replace the entire board

• To merge with another bank

• To provoke a discussion that lifts the share price

• To win a proxy battle

Under what condition would the speaker consider walking away from the proposal?

• If shareholders reject the plan

• If the board supports the plan

• If the stock price increases

• If the CEO opposes the plan