Credit Suisse sees AsiaPac profits doubling

As part of a global review the Swiss bank is investing in Asia, giving the region a standalone P&L and appointing Helman Sitohang to its executive board.
October 21, 2015

Credit Suisse said on Wednesday it will invest more capital in Asia Pacific and expects to double its 2014 pre-tax income of CHF 0.9 billion ($941 million) by 2018 as it shifts its focus to banking the region's growing cohorts of entrepeneurs.

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