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Bank of Singapore grows AUM by 25% YoY

Bank of Singapore (BoS) posted a 25% increase in assets under management (AUM) and made a greater contribution to OCBC’s group income in 2017, the bank announced today. Total private banking AUM hit US$99 billion, up from US$79 billion in 2016. This growth was driven by sustained net new money inflows and improved market valuations, the bank said. BoS’s earnings asset…

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