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February 1, 2022updated 02 Feb 2022 6:36am

Credit Suisse expands Southeast Asia team with new hires

Credit Suisse has named Robert Huray as vice chairman of its Southeast Asia investment banking and capital markets (IBCM) arm, Reuters reported citing a memo.

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Huray will also lead Credit Suisse’s global industrials group coverage for Southeast Asia.

Previously, he worked at Malaysian bank RHB and later managed the Southeast Asian investments of conglomerate Kuok Group.

From 2000 to 2004, he worked at Credit Suisse’s IBCM business in Singapore.

He will now also lead global industrials group coverage for Southeast Asia at Credit Suisse. 

In the new roles, he will report to Southeast Asian IBCM co-heads Rehan Anwer and Kuan-Ern Tan as well as head of global industrials group in APAC Sanjeev Chaurasia.

Furthermore, the Swiss bank has also appointed Nick Thursby as the head of financial institutions group coverage for Southeast Asia.

Thursby will operate out of Singapore.

He will report to head of financial institutions group for APAC Michael Tan

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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