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Hang Seng WM income jumps 34% YoY

Hang Seng Bank, which announced its annual results today, ended 2017 with a 34% YoY increase in wealth management income, which includes private banking business activities. “Supported by our comprehensive all-weather product portfolio and sophisticated customer analytics and segmentation strategy, we successfully grew wealth management business to record a 34% rise in the related income to HK$7,707 million,” the bank…

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