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Credit Suisse Asia-Pac aims to double pre-tax gain by 2018

Strategy lies in targeted private and investment banking services for Asian entrepreneurs

Published Wed, Oct 28, 2015 · 09:50 PM

Singapore

CREDIT Suisse Asia Pacific plans to double its pre-tax income by 2018, as the Swiss bank claims stake on the swell of wealth from first-generation entrepreneurs in the region, and in other emerging markets.

And this assumes pure organic growth, amid limited opportunities for acquisitions, said a top executive.

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Private banking

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Credit Suisse Asia-Pac aims to double pre-tax gain by 2018

KEYWORDS IN THIS ARTICLE

Banking & Finance

UBS weighs synthetic risk transfer amid capital boost proposals

Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea

Japanese yen slides back towards 34-year low after brief spike

China’s Bank of Communications Q1 profit rises 1.44%

HSBC’s private bank shuts independent asset management business in HK, Singapore

Nomura Q4 net profit jumps almost eight-fold on retail income surge

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