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CSGN.S, the second largest Swiss bank, said on Tuesday that it launched an account integration solution in Hongkong with Canopy Pte Ltd, a financial technology company, to improve digital private banking services.
According to the press release, the partnership between Credit Suisse and Canopy includes a stake in Canopy, which is the first time that Credit Suisse has invested in the Asia Pacific Financial technology company.
Fang Shihua (Francois Monnet), chief executive of the large China market and Hongkong branch of the Asia Pacific private banking division, said many high net and ultra high net value customers want to be able to inspect all portfolio information on a single platform and plan and analyze the wealth of multiple institutions and asset classes. And tracking, the bank therefore collaborate with Canopy to provide more innovative solutions and services.
"This platform is one of the main factors contributing to the growth of Greater China business." "In 2017," he said, "our private banking business has grown strongly, with more than 20% of the assets and revenues managed, and more than twice a year."


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