Credit Suisse private banking APAC posts record performance
Focus on ultra high net worth individuals, more RMs, higher productivity drive growth
Singapore
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 the group's 31.6 billion Swiss francs, disclosed Francesco de Ferrari, Credit Suisse head private banking APAC, in a recent interview.
