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BNP Paribas WM records “strong” Asia inflows

IAM co-founder joins BNP Paribas WM

BNP Paribas, the French lender, says that its Asia wealth management business recorded strong asset inflows in 16Q4, according to the bank’s latest earnings release. The Q4 report paints a picture of stability in what was a difficult year for the industry. Wealth and asset management income rounded out the year at €176 million (+9.3% QoQ, -4.9% YoY), while assets…

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