2018 Winners – Distinction
BEST PRIVATE BANK – MALAYSIA INTERNATIONAL
Landmark deals in 2018 included an IPO, projected to be one of Malaysia’s largest in recent years. Estimated at US$600 million, the mandate was won based on strong collaboration and teamwork between the private banking and investment banking teams, beating the competition.
Such feats of synergy are accentuated by the fact that all of the group’s Malaysia deals in the past year were made up of repeat business — an indication of the amount of confidence clients place in the bank’s blended expertise.
Credit Suisse’s Malaysia business has also posted steady growth in client assets and profitability over the past three years. And recurring business grew strongly, an impressive feat considering that income from the region’s transaction-heavy clients was moderated across the board this year.
Clearly, Credit Suisse’s commitment to Malaysian clients has been worthwhile, thanks to the remarkable efforts of a Malaysia team that is over 50-strong, unmatched cross-divisional capabilities, a dedicated team of senior investment consultants and relationship managers, as well as a constantly improving investment offering.
Credit Suisse is Asian Private Banker’s Best Private Bank – Malaysia International for 2018.