As part of the overhaul announced in October, it is seeking to spin off merger advice and leveraged finance into a new entity named Credit Suisse First Boston (CSFB), for which it has been seeking buyers.
Credit Suisse is most valuable in separate parts, and there are high-level M&A talks taking place, said a senior banker who advises banks on deals.
TAKEOVERSelling off parts of Credit Suisse could require time, which markets may not give.
The two have complementary investment banking businesses -Credit Suisse is stronger in credit and UBS in equities.
However, some have faith that Credit Suisse can still make it safely to the end of the tight rope.