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Credit Suisse to refocus on Asian rich

Credit Suisse CEO plans to restructure the Swiss lender to cater to global HNWIs, especially those in Asia, say sources. Media reports today cited sources from inside the bank saying that Tidjane Thiam has plans to decentralise the Swiss lender’s global operations, such as its computer science and global product units, and boost its Asia presence. This might involve job cuts…

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