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Credit Suisse private banking APAC posts record performance

Focus on ultra high net worth individuals, more RMs, higher productivity drive growth

Mr de Ferrari says the ultra high net worth now makes up 65 per cent of the bank's Asian assets under management.


MOMENTUM is accelerating for Credit Suisse's Asia Pacific private banking business, with all its main markets posting record performances.

Net new assets from APAC for nine months 2014 were 16 billion Swiss francs (S$21.4 billion), up an impressive 82 per cent, half of