Credit Suisse Makes New Hires in Push to Capture China’s Rich
The Swiss bank hired a number of bankers from rivals to focus on clients in Greater China
(Bloomberg) —
Credit Suisse Group AG made new appointments and hires focused on Greater China as a push by global banks intensifies to capture more of the nation’s growing ranks of wealthy.
The Swiss bank hired a number of bankers from rivals to focus on clients in Greater China, according to an internal memo confirmed by a bank spokesperson. It named Keng Cheong Lock, who joined the bank in 2007, as market group head of a private banking business in Singapore that’s focused on Greater China.