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This emerged from an internal memo submitted to the AWP news agency. Additionally, securities trading and research activities could be expanded with clients in mainland China.
Asia Pacific CEO Edwin Low and China CEO Janice Hu wrote in a statement to employees that this was a “turning point” for the big bank’s China plans. In preparation for the launch of wealth management services, the number of on-site client advisors will double.
CS operates in China through Credit Suisse Securities (China) Limited (CSSCL). In September 2022, the bank agreed with its local minority partners to take over the entire joint venture. Jing Wang was appointed boss.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
