Credit Suisse Said to Be Target of Activist Investor

The video discusses Bully's interest in Credit Suisse, driven by its undervalued share price and ongoing restructuring. Bully plans to break the bank into three parts: an asset manager, a Swiss private bank, and an investment bank. His success depends on gaining shareholder support, despite holding only a 0.2% stake. The bank's current restructuring may limit immediate changes, but Bully's influence could grow with enough backing.

What factors are mentioned that could influence the bank's response to the proposals?

What is the significance of shareholder support in the context of the plans for Credit Suisse?