Credit Suisse has opened a new private banking office in the southern Chinese city of Guangzhou. "Asia is a primary growth region for Cr...

Credit Suisse has opened a new private banking office in the southern Chinese city of Guangzhou. "Asia is a primary growth region for Credit Suisse," said Fidelis Goetz, chief executive for North Asia, in a statement. "We will be even better placed to seize the opportunities that are emerging in the fast growing economy of China's southern provinces." The bank already has offices in Shanghai and Beijing.