Pictet to accelerate the growth of its GCC business

11 November 2008

Pictet & Cie announced its plans to accelerate the growth of its business in the Gulf Corporation Council (GCC) countries, despite the turmoil being experienced elsewhere due to the global financial crisis.

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Credit Suisse Expands Presence in Saudi Arabia

10 November 2008

Credit Suisse today announces its majority ownership of
Saudi Swiss Securities. The Bank’s joint venture in Saudi Arabia has been renamed Credit Suisse Saudi Arabia and has been granted a commencement letter for all activities authorized by the Capital Market Authority of the Kingdom of Saudi Arabia.

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Julius Baer opens investment advisory office in Jakarta

4 November 2008

Zurich/Jakarta, 4 November 2008 —- Julius Baer, Switzerland’s leading dedicated wealth manager, has opened an investment advisory office in Jakarta: PT. Julius Baer Advisors Indonesia. This step marks another milestone in Julius Baer’s strategy to expand its footprint in key growth markets and demonstrates its commitment to the region. The office is headed by Salina Nordin.

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