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Press Release
Credit Suisse to Start Private Banking Operations in Japan
Junya Tani Appointed Head of Private Banking in Japan
Tokyo, July 11, 2008 Credit Suisse today announced that it plans to launch Private Banking operations in Japan by end of this year. Credit Suisse has also announced its plan to appoint Junya Tani as Head of Private Banking in Japan. Mr. Tani will join Credit Suisse, Tokyo Branch on July 22, 2008.
The bank's Private Banking business provides comprehensive advice and a broad range of investment products and services tailored to the complex needs of high-net-worth individuals globally. Establishing operations in Japan is an important part of Credit Suisse's expansion of its Private Banking business globally.
Mr. Tani will join Credit Suisse from UBS Securities Japan Ltd, where he has been head of wealth management for Japan. Prior to UBS, he worked for Citigroup where his last position was head of product development in the private banking division. Mr. Tani received a degree in law from the University of Tokyo and began his career at the Bank of Tokyo in 1981.
Credit Suisse has nearly 40 years of successful Investment Banking and Asset Management operations in Japan. The launch of the Private Banking operations in Japan complements the bank's existing Investment Banking and Asset Management operations. As the world's second largest economy Japan has an enormous amount of accumulated wealth and is a critically important market in Credit Suisse's strategy of enhancing its onshore Private Banking footprint globally.
Marcel Kreis, Head of Private Banking Asia Pacific said, "We will be focusing on leveraging Credit Suisse's integrated banking platform with our well-established Investment Banking and Asset Management divisions to offer a comprehensive range of services and deliver the benefits of the entire bank to our clients in Japan."
Enquiries:
- Isamu Kajino, Tel. +81 3 4550 9893, isamu.kajino@credit-suisse.com
- Edna Lam, Tel. +65 6212 6702, edna.lam@credit-suisse.com
- Credit Suisse
- As one of the world's leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 49,000 people. Credit Suisse is comprised of a number of legal entities around the world and is headquartered in Zurich. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Private Banking
In Private Banking, Credit Suisse provides comprehensive advice and a broad range of investment products and services tailored to the complex needs of high-net-worth individuals globally. Wealth management solutions include tax planning; pension planning; life insurance solutions; wealth and inheritance advice, trusts and foundations. In Switzerland, Credit Suisse supplies banking products and services to private banking clients as well as to business and retail clients.
