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Lion City out-roars Hong Kong

Singapore appears to have taken the upper hand in its rivalry with fellow booking centre, Hong Kong, as evidenced by a spate of recent acquisitions involving major Singaporean lenders, heavy front-line hiring, and a healthy HNWI growth outlook for the next five years. The city-state’s two biggest private banks, DBS (including DBS Treasures Private Client and Private Bank) and Bank of…

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