Asian family offices explore options to replace Credit Suisse
After the fall of Credit Suisse, Switzerland's reputation as a wealth management centre hangs under a cloud. Could Asia reap the benefits as the region's richest families look to diversify their assets?

While some Asian family offices may view the sudden collapse of Credit Suisse as a one-off, unlikely-to-be-repeated event, others believe the fall of the bank has dealt a serious blow to Switzerland's reputation as a wealth management centre, in particular as a booking centre.
Despite the rescue merger with UBS, diversification and new relationships are now top-of-mind for many of the region's richest families who are looking to bring their assets back closer to home.
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