Awards for Distinction 2018 – BEST PRIVATE BANK – Malaysia International

2018 Winners – Distinction

BEST PRIVATE BANK – MALAYSIA INTERNATIONAL

Credit Suisse

Young Jin Yee
market group head for Singapore and Malaysia, and CEO SymAsia,
Credit Suisse Private Banking
Asia Pacific

We are proud to be named the Best Private Bank – Malaysia International again. Credit Suisse has been deeply committed to the Malaysia market for over two decades, with some of the most experienced private and investment bankers covering this market. We have a unique and dedicated Malaysia coverage team in our private banking business, who works in close partnership with our investment banking franchise to identify business opportunities across our leading integrated wealth management, capital markets and financing capabilities. Looking ahead, we will focus on growing our Malaysia coverage team as we believe that the long-term potential of the Malaysia economy will be robust.
Credit Suisse, a perennial power player in the Malaysia International market, once again demonstrated its integrated bank prowess and the compelling strength of its solutions platform for UHNWs — many of whom feature on the country’s Forbes 50 list — in a year that has been assuredly tough for all.

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.