Joachim StraehleMember of the executive board of Credit Suisse, and head of private banking international division |
What's the thinking behind relocating someone as senior as you to Asia
The private banking area is the most important part of the Credit Suisse group in terms of net profits. Last year SwF2.48 billion of SwF5.2 billion came from private banking, so it is a substantial part of the business. We have split private banking into three areas. We have private banking in Switzerland, private banking Europe...