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UBS to shut Credit Suisse onshore Thailand operation

UBS has decided to shut Credit Suisse’s onshore Thailand wealth management business, Asian Private Banker can reveal. This week UBS conducted a strategic review of Credit Suisse’s wealth management operations in APAC and decided to close its onshore operations in Thailand, according to people familiar with the matter. Credit Suisse started its onshore wealth management business in Thailand in 2016…

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