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Credit Suisse report predicts rise of Asia Pacific millionaires over next five years

Whilst the number of millionaires in Asia over the past few years is well-known, more than 6.2 million as of 2012, a recent report by Credit Suisse suggests a big private banking opportunity lies with the region’s dominance of the segment directly below, individuals with US$100,000 to US$1 million. Credit Suisse Research Institute’s global wealth report highlighted high growth rates…

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