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Credit Suisse APAC PB turns in “record performance” in 2019

Credit Suisse’s APAC franchise closed out 2019 with a strong fourth-quarter performance, helmed by a 38% YoY increase in pre-tax income primarily attributable to the bank’s Wealth Management & Connected and Markets businesses, with WM&C PTI jumping 60% for the same period. The division also enjoyed improved full-year profitability, bolstered by the bank’s sale of its InvestLab funds platform in…

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