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DBS WM sees buoyant income and AUM in 3Q18

DBS’s wealth management business witnessed robust income and AUM growth in the third quarter, according to the Singaporean lender’s unaudited 3Q18 financial results. The bank’s wealth management segment, which comprises its Private Bank, Treasures Private Client, and Treasures businesses, posted a 28% year-on-year (YoY) rise in income, from S$546 million in 3Q17 to S$697 million in 3Q18, in a 4%…

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