Taipei, April 17, 2009 Credit Suisse recently celebrated the grand opening of its Taipei Bank Branch. The establishment of the new bank branch confirms Credit Suisse’s long-term commitment to its clients in Taiwan.
Kai Nargolwala, Credit Suisse’s CEO Asia Pacific, and Chih-Wei Wu, CEO Taiwan, welcomed Fai-Nan Perng, Governor of the Central Bank, A-Ting Chou, Deputy Governor of the Central Bank and Fred S.C. Chen, Chairperson of the Central Deposit Insurance Corp. in Taiwan, as well as clients and business partners to an official reception in Taipei yesterday.
Credit Suisse Taipei Bank Branch received approvals to commence business in October 2008 and started its trading operations in March 2009. The Branch will undertake a full range of banking activities, including FX, securities and all associated derivatives as well as financings with financial institutions and corporate clients.
In addition to the Bank Branch business, Credit Suisse provides in Taiwan a comprehensive range of brokerage services, such as equity research, sales, sales trading and execution, as well as corporate advisory services.
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