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Credit Suisse raises over US$1 billion from Asia PB clients for latest FMP

Credit Suisse has raised in excess of US$1 billion from its Asia Pacific private banking clients for a fixed maturity bond fund, underscoring investor demand for cash management solutions at a time when cash levels in the region remain high. The hefty raise was achieved over a three-month period, with the private bank’s Asia clients contributing almost 60% of the…

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