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Standard Chartered wealth management bows out of Japan, Credit Suisse doubles down

Onshore Japan, the largest wealth management market in Asia, has rapidly become a contest of wills for private banks in the region. Swiss lender Credit Suisse appears more determined than ever to win this battle and a share of the estimated US$4.2 trillion in high net worth wealth. After acquiring HSBC’s private banking franchise in Japan earlier this year, Credit…

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