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Credit Suisse combines private bank and asset management divisions, APAC and EMEA CEO roles relinquished

In a move that could help Credit Suisse top up capital bases to comply with the difficulties of Basel III regulations and help further reduce cost, the Swiss bank has announced the integration of its private bank and asset management business. Hans-Ulrich Meister, currently head of private banking in Switzerland, EMEA and APAC and, Robert Shafir CEO Americas will head…

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