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Credit Suisse Gets Licenses in China to Build Wealth, Brokerage
Published on: 2023-03-09
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Credit Suisse Group AG has obtained licenses allowing it to launch its wealth management business in China in the first half of this year as well as expand its securities trading and research activities onshore.
 

The bank received its investment consultancy, proprietary trading and nationwide brokerage licenses, according to an internal memo. A spokeswoman for the bank confirmed the contents of the memo.
 

The approvals mark progress for the embattled Swiss lender, which last year faced delays in getting approvals for some of its China operations after a flurry of senior management departures. In preparation for the launch of its wealth management business in China, Credit Suisse plans to double the number relationship managers onshore, according to the memo.
 

瑞士信贷在中国取得投资咨询、自营交易和全国性证券经纪牌照

据市场消息,一份内部备忘录显示,瑞士信贷取得了投资咨询、自营交易和全国性证券经纪的牌照(此前为区域性证券经纪)。该行发言人也证实了这一点。瑞信亚太区首席执行官刘志安在备忘录中表示:“中国是全球财富增长最快的市场之一,取得牌照是在中国推出财富管理业务的重要里程碑。”

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