(Bloomberg) -- Credit Suisse Group AG said its increasing the proportion of assets under management from super- rich clients, helping to boost profit margins at Switzerlands second-largest wealth business.
Ultra-high-net-worth clients with at least $50 million francs of investable funds accounted for 42 percent of the 836 billion Swiss francs ($884 billion) of assets managed by the bank at the end of March, up from 37 percent a year earlier, Zurich-based Credit Suisse said in a presentation today.
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