Private banks catering to clients with special requirements
New York
CREDIT Suisse Private Banking has created a division within the firm, called New Markets, dedicated to serving groups of people who would seem to have little in common beyond being wealthy enough to be of interest to a wealth management firm.
"We each want to be approached as an individual," said Pamela Thomas-Graham, head of the division at Credit Suisse and herself an African-American. But she added: "We know that there are certain segments that have some special needs."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Barclays cuts jobs in energy transition team it only just built
Great Eastern shares jump 39% as OCBC mounts S$1.4 billion privatisation bid at S$25.60 per share
China's central bank vows to support economic recovery
Ping An sells US$50 million of HSBC shares after vote against CEO
Manulife profit beats on growth in Asia, wealth management
Hot stock: UOI surges to over 6-month high amid heavy trading