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Regional DPM expansion in the offing for CIMB

CIMB Private Banking is planning to expand its discretionary portfolio management (DPM) offering beyond Malaysia amid a growth drive that has also seen the lender establish a unified private banking and investment banking unit. Favian Tan, regional head of product development for group private banking at CIMB, told Asian Private Banker that DPM services will be rolled out in Singapore,…

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