With Credit Suisse now worth about the same as shoemaker Crocs and Silicon Valley Bank having breathed its last you would think now is not the best time to be promoting a little-known Swiss bank in Johannesburg’s northern suburbs.
But that is exactly what Nicolas Syz, head of private banking at Banque SYZ , a boutique wealth manager founded by his father Eric in 1996, is in town to do. Syz junior says the bank is committed to Africa, which has turned out to be its fastest growing market...
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