Credit Suisse to step up wealth management business in China

Credit Suisse to step up wealth management business in China

The Credit Suisse logo is seen at the headquarters in downtown Milan, Italy, March 9, 2016. REUTERS/Stefano Rellandini

Credit Suisse Chief Executive Officer Tidjane Thiam said on Tuesday the Swiss bank has been “underweight” in China and would look to build its wealth management capabilities in the world’s second-biggest economy, despite slowing growth.

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