瑞士信貸欲擴大在華業務

Credit Suisse is planning a further push into China, where it has been “underweight”, as the bank’s chief executive shrugs aside fears over the slowdown in the world’s second-largest economy.

瑞士信貸(Credit Suisse)計劃進一步打入它所佔分量一直不足的中國市場，該行首席執行官提賈尼•蒂亞姆（Tidjane Thiam，上圖）未理會人們對世界第二大經濟體增長放緩的擔憂。

The drive is part of the Swiss bank’s renewed focus on Asia under the strategy of Tidjane Thiam, who took over last summer. Since then, he has been pruning its investment bank in favour of redeploying capital to its wealth management and private banking units.

此舉是這家瑞士銀行重新聚焦亞洲的戰略的一部分，該戰略是蒂亞姆去年夏天接掌該行後提出的。自那以來，他一直在裁減該行的投行部門，以便把資本調配到理財和私人銀行部門。

“It’s fair to say we’ve got a good team but we’ve been underweight in China. It’s one place where we can grow,” Mr Thiam said on Tuesday at the bank’s annual Asian Investment Conference in Hong Kong. “I don’t understand the obsession with the [China] slowdown.”

週二，在香港召開的瑞信年度亞洲投資大會(Asian Investment Conference)上，蒂亞姆表示：“公平地講，我們已經擁有了一個不錯的團隊，但我們在中國所佔的分量一直不足。中國是我們能取得增長的地方。我不理解那種對（中國）放緩的執念。”

Mr Thiam will head to China on a five-day trip later this week. The country’s economic slowdown, he said, was to be expected with the economy transitioning from a capital-intensive industrial-led model to one of consumption-driven growth.

本週晚些時候，蒂亞姆將前往中國，展開爲期五天的訪問。他說，在中國經濟從資本密集型工業主導的模式轉向消費驅動增長的模式之際，中國經濟放緩是意料之中的。

China’s target is for economic growth of 6.5 per cent is year, its slowest in more than two decades and down from annual rates above 10 per cent five years ago.

中國今年的經濟增速目標爲6.5%，是逾二十年來的最慢增速，大大低於五年前逾10%的年增速。

“Everyone says, ‘oh my God’, six is lower than 10. Well, yes, I can never disagree with that, but 6 per cent is still a hell of a lot more than Europe or any other part of the world,” said Mr Thiam.

蒂亞姆表示：“所有人都在說，‘哦，天哪！’6比10要低。嗯，沒錯，這話我沒法反駁，但6%仍比歐洲或全球其他任何地方高得多。”

“If you are a wealth manager you want to be where the wealth is being created. And wealth is being created on a huge scale in emerging markets whichever way you want to look at it,” he added.

他補充說：“如果你是位財富管理者，你會希望到創造財富的地方去。不管你打算怎麼看，新興市場都在創造規模巨大的財富。”

Mr Thiam said the bank’s growth plans in the region would be led by its wealth management unit, but needed investment banking support.

蒂亞姆表示，瑞信在亞洲的增長計劃將由其理財部門帶動，但需要得到投行部門的支持。

“We’re investing in opportunities in China and it will be primarily a wealth management-driven strategy with investment banking, because all those clients we’re going to see in China — they’re interested in both,” he said. “Their investment banking needs are real and we think we make money from that combination.”

他說：“我們正在對中國的機遇展開投資，它將主要是一種由理財驅動的、搭配投行業務的戰略，原因是我們在華將會晤的那些客戶，他們對兩者都感興趣。他們對投資銀行的需求是切實存在的，我認爲我們能從兩者的結合中獲利。”