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Standard Chartered Private Bank’s Asian assets grow by 39% in 2010

Standard Chartered Private Bank, whose Asian operations make up the bulk of its business, saw assets under management grow by 39% in Asia in 2010 beating the global growth of 31%. Revenues increased by 23% to cross the US$400 million mark with 5000 new client additions for the year. The bank also increased headcount at the RM level by 15%…

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