Credit Suisse loses Asia deputy wealth management head as departures mount

Credit Suisse Group AG’s deputy wealth management head for Asia is leaving after about two decades with the bank, joining a wave of departures from the embattled firm.
 

Young Jin Yee, based in Singapore, tendered her resignation last week and may be heading to another firm, according to a person with knowledge of the matter.

“We are in a healthy capital and liquidity position,” the bank said in a statement in response to queries from Bloomberg. “Here in APAC, we are focused on ensuring that our clients get the advice they need to navigate challenging times in the markets.”

The Swiss lender,