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Indosuez hits €12 billion in Asia AUM after CIC deal

Asian Private Banker - Indosuez hires industry veteran in key products role

Indosuez Wealth Management has grown its assets under management in Asia to around €12 billion (US$14.2 billion) as a result of its acquisition of Crédit Industriel et Commercial’s (CIC) private banking business in Asia, which is now complete. The bank today said that it had “successfully completed” the project after announcing the deal in July. The deal covers CIC’s private…

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