Credit Suisse’s Asia Pacific private banking head Francesco de Ferrari is looking to bulk up the firm’s assets under management in the region as the Swiss bank rebalances its risk weighted assets towards its private bank.
“We absolutely will always look at inorganic opportunities but they really need to make sense for us,” de Ferrari told FinanceAsia in an interview in Singapore.
De Ferrari, a native Italian who moved to Asia in 2012, likes the balmy weather in Singapore, where he is based, which is just as well competition is heating up in the city state. Homegrown players such as Singapore DBS have been...
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