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Credit Suisse APAC revenue up 17% YoY; goals set beyond AUM to better reflect business momentum

Credit Suisse APAC recorded a 17% YoY increase in revenue generated across all banking segments in 2020, with AUM up from US$227 to US$251 billion YoY. Credit Suisse Group CEO Thomas Gottstein pointed out that the 2020 business performance is more accurately reflected by looking at the combination of AUM, assets under custody and net loans — instead of purely…

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