Credit Suisse building private bank
Credit Suisse has declared Australia one of its priority markets with respect to private banking at the same time as appointing Nicholas Kalikajaros as managing director and head of private banking based in Sydney.
The move follows the company’s launch of private banking operations in Australia late last year and a strategy aimed at building a local team.
Announcing the moves today, Credit Suisse head of private banking, Asia Pacific, Marcel Kreis said Australia was one of the priority markets in Credit Suisse’s strategy of enhancing its onshore private banking footprint in global growth markets.
He said Kalikajaros would be focused on leveraging Credit Suisse’s integrated banking platform with its established investment banking and asset management divisions.
Kalikajaros was formally head of Global Private Clients Australia and New Zealand with Merrill Lynch and his appointment follows on from that of Shane Galligan as head of products for private banking.
AUTHOR
Mike Taylor
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