Credit Suisse Trains Sights on Asia’s Growing Wealth

by swisscham in Bank, Finance, Insurance

Credit Suisse, the second-largest bank in Switzerland, will focus on developing its wealth management and investment banking businesses in Asia in the next few years to tap the region’s rapidly growing prosperity. According to Credit Suisse’s Global Wealth Report, China will surpass Japan as the world’s second-richest country by 2017, with total household wealth exceeding USD 38 trillion. “Asia is definitely Credit Suisse’s focus of future development,” said chairman Urs Rohner in an exclusive interview with the Post on a recent trip to Hong Kong.

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