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DBS WM posts 26% year-on-year income increase in 2018

DBS’s wealth management business achieved healthy full-year income and AUM growth in 2018, in the face of uncertain market conditions in the latter part of the year, according to the Singaporean lender’s audited results for FY18. The bank’s wealth management segment — comprising its Private Bank, Treasures Private Client, and Treasures businesses — witnessed a 26% year-on-year (YoY) rise in…

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