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Private banking M&A activity surges in 2016

2016 is shaping up to be a bumper year for merger and acquisition (M&A) activity in Asia’s private banking space, fulfilling longstanding predictions that the industry will enter a prolonged phase of consolidation. Thus far, the year has seen at least five completed or current M&A deals that are exclusive to or involve the region’s private banking industry. Most recently, DBS announced…

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