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.

Alison Tudor-Ackroyd

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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