Credit Suisse severing relationships with Venezuelan clients amid political crisis, sources claim value of managed assets has decreased by more than half - AML Intelligence
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Credit Suisse severing relationships with Venezuelan clients amid political crisis, sources claim value of managed assets has decreased by more than half

One of the world’s largest investment banks is ramping up its efforts to distance itself from wealthy clients from Venezuela.

In the last two years, Credit Suisse Group AG has more than halved the value of assets it manages for high-net-worth individuals in the country, insiders told Bloomberg Wednesday.

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