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RBC WM drops out of Asia’s top 20 in 2016

While Asian Private Banker’s annual AUM League Table saw three new additions this year (UOB Private Bank, BOC(HK) Private Banking and Union Bancaire Privee), one notable omission was RBC Wealth Management, the Canadian private bank that ranked 20th in 2015 with US$13 billion in Asia assets under management. Since the beginning of 2017, speculation has grown over RBC Wealth Management’s ambitions in Asia, and though the…

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