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Growing assets through M&A – are Asia’s private banks paying the right price?

As Asia’s private banking industry strives to boost assets under management, mergers and acquisitions (M&A) – both actual and rumoured – have dominated newsreels through 2012, but has the price been right? A recent report by wealth management consultancy firm, Scorpio Partnership, highlights a steady decrease in the global prices paid for M&A deals relative to assets under management (AUM)…

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