Carrefour's property arm Carmila launches capital increase
PARIS, June 25 Carmila, the property unit of Europe's largest retailer Carrefour, announced on Sunday a capital increase of 557 million euros ($623.5 million) to fund its future expansion.
ZURICH, Sept 29 Swiss group Credit Suisse has named Tsuneaki Hirao its head of Private Banking Japan, luring away an executive who has worked for rival UBS for more than a decade, it said on Thursday.
Hirao was most recently head of ultra-high-net-worth clients in Japan for UBS, Credit Suisse said in a statement. Before that he led the Osaka office of UBS Wealth Management Japan. He had also worked for Citi Private Bank.
Hirao will report functionally to Alex Wade, head of Developed and Emerging Asia, Private Banking Asia Pacific, and locally to Martin Keeble, CEO Japan. (Reporting by Michael Shields, edited by John Revill)
* Carmila launches a c. Euro 557 million capital increase in order to pursue its development plan