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RBC WM says it “remain[s] committed to the region” despite market rumours

RBC has stated for the record that it “remain[s] committed to the region”, after rumours surfaced that the Canadian lender is reviewing its Asia wealth management business and could look to exit. A spokesperson for the bank told Asian Private Banker: “We don’t comment on rumours or speculation, but I can tell you that we serve an important high net worth and ultra…

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