The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Awards

Asia's best bank for wealth management 2017: Credit Suisse

Awards for Excellence 2017

At Credit Suisse, the Asia-Pacific wealth management business is tasked with little short of saving the whole bank worldwide. While the bank struggles globally, it has at least had the common sense to deploy capital in the places it is good at, specifically serving Asia-Pacific entrepreneurs. That makes the bank our winner for Asian wealth management.

Suitably bolstered with risk-weighted assets, the model of the newly formed Apac division is, in essence, to get entrepreneurs into the private banking side and then serve their investment banking needs. It is not a unique model but it is most clearly expressed at Credit Suisse, with both sides of the business in one division with a single P&L. 

And it appears to be working. In 2016, the private banking business in Asia achieved net new asset inflows of SFr13.6 billion ($14 billion), an annualized growth rate of 9%, despite being the bank most obviously impacted by the Indonesian tax amnesty.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree