Credit Suisse opens private bank in Moscow


Credit Suisse has launched onshore private banking operations in Moscow. Initially, the Swiss bank will provide its private banking clients access to Russian bond and equities markets, as well as banking services such as cash and deposit accounts. It plans to expand the offering to include international securities, mutual funds and structured products.

Maya Salzmann, market area head of private banking UK, international and eastern Europe, says Russia offers significant wealth creation

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