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Choppy ride ahead, says ex-Credit Suisse APAC private banking head

A former Credit Suisse senior banker who is now chairman of one of Australia’s largest multi family office believes global market volatility is unavoidable, even if he remains “fundamentally optimistic” on growth. Marcel Kreis, the new chairman of Melbourne-based Myer Family Company (MFC), told media that “share market-wise, we are in for a choppy ride.” “Volatility is here to stay with…

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