Clariden Leu was formed in January 2007, as a result of the merger of Credit Suisse's four private banks û Clariden, Bank Leu, Bank Hofmann, and BGP Banca di Gestione Patrimoniale û as well as the securities dealer Credit Suisse Fides. It has 20 offices worldwide and assets under management of approximately $99.3 billion.
Clariden Leu expects the acquisition to add critical mass to its Singapore hub and strengthen its Hong Kong presence. At the end of September 2006, the bank managed $5.6 billion of client assets in the...
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