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Asia Pacific set for a 70% jump in HNW/UHNW population: Credit Suisse

In what may be a welcome silver lining to the grey clouds shrouding the private banking industry in Asia at the moment, Credit Suisse believes the prognosis is positive for the region’s wealth managers as data in its latest wealth report points to continuing wealth creation. Specifically, Credit Suisse anticipates a 70% increase in the region’s ultra high net worth…

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