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Credit Suisse to acquire HSBC’s private banking business in Japan

Credit Suisse has signed a definitive agreement to acquire HSBC’s private banking business in Japan. The business to be acquired will be integrated into Credit Suisse’s Private Banking division in Japan, and is expected to enhance Credit Suisse’s wealth management capabilities, expand client coverage through the integration of new offices in Osaka and Nagoya, and increase profitability. The acquisition, which…

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