Singapore lender United Overseas Bank’s (UOB) Thailand unit plans to raise its assets under management (AUM) by 10-15% annually by wooing “wealth banking” clients. This segment appears to lie between retail and high net worth, with the bank defining it as clients with investible assets of Bt1 million (US$28,000) to Bt3 million. Yuttachai Teyarachakul, head of personal financial products at UOB…
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