Credit Suisse launches private banking app in Asia Pacific

Credit Suisse has launched a new private banking Asia Pacific app, expanding its digital private banking service to Hong Kong. The move comes as the bank attempts to automate back office procedures while meeting new expectations  from customers after a survey found that 83% of high net worth individuals would leave a wealth management firm if it could not offer digital banking services. The new Credit Suisse app will allow clients to read research reports and market information, check their portfolio and make trades, among other services. 

High net worth individuals increasingly expect to use new technology when it comes to managing their portfolios, survey finds