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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?
Asian family offices explore options to replace Credit Suisse
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. Patri…
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