Credit Suisse has unveiled plans to invest another CHF 150 million in its wealth management business next year, as part of a series of measures to grow profits within the division.
In an investor update released this morning (15 December), Credit Suisse said it was aiming to increase its wealth management-related pre-tax income from CHF 4 billion in the first nine months of 2020 to between CHF 5 billion and 5.5 billion by 2023, representing compound annual growth of about 10...
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