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ICBC Credit Suisse Asset Management (ICBCCS; Chinese: 工銀瑞信基金管理; pinyin: Gōngyín Ruìxìn Jījīn Guǎnlǐ) is a Chinese asset management company founded in 2005. It is currently a joint venture (JV) between Industrial and Commercial Bank of China (ICBC) and Credit Suisse.
In June 2005, ICBC established ICBC Credit Suisse Asset Management as a China joint venture with Credit Suisse First Boston and COSCO, with the three partners respectively holding 55, 25, and 20 percent of the venture's equity. Subsequently, ICBC bought out COSCO's stake and acquired an additional 5 percent from Credit Suisse.
Wang recently worked as the bank's head of China onshore wealth management. HONG KONG (Reuters) -Credit Suisse has named veteran banker Jing Wang head of its Chinese securities joint venture, as ...
Credit Suisse Asset Management sells investment classes, alternative investments, real-estate, equities, fixed income products, and other financial products. [112] Shared Services department provides support functions like risk management, legal, IT, and marketing to all areas.
Credit Suisse Group AG agreed to pay about $77 million to settle U.S. criminal and civil probes into its Asia-Pacific hiring practices.
Credit Suisse on Monday named Markus Ruetimann as new global chief operating officer of Credit Suisse Asset Management (CSAM) as the Zurich bank turns to the ex-UBS and Schroders manager to help ...
Asset management companies in China came into being in 1998. The founding of commercial Asset management companies (AMC; Chinese : 金融资产管理公司 ) established by the Ministry of Finance tasked with professionally managing third-party assets was a major landmark in the development of China's financial system.
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