Credit Suisse gets regulatory green light to launch full-fledged wealth management business
Credit Suisse gets regulatory green light to launch full-fledged wealth management business

Credit Suisse gets regulatory green light to launch full-fledged wealth management business

Credit Suisse has received regulatory green light from China to launch a full-fledged wealth management business in the country, according to a company memo.

The bank is pushing to roll out the wealth business in China by the first half of this year, according to the memo which was confirmed by a company spokesperson, targeting a 27 trillion yuan market.