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50% of Bank of Singapore’s NNM growth from OCBC ties

Bank of Singapore (BoS) has set out that half of the growth in net new money (NNM) in the last five years has come from referrals from its parent group OCBC. This mirrors a global aim among banks to grow via cross-pollination of business between their retail, investment and private wealth arms. “We have a very strong partnership with our OCBC…

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