As OCBC’s 1H20 net profit nosedived YoY, its private bank franchise Bank of Singapore saw its AUM grow modestly. Reporting its earnings for 1H20 on Friday, the Singapore-based financial group stated that it remains focused on strengthening its balance sheet in the current challenging market environment. Overall group net profit plunged 42% YoY to S$1,428 million, although 2Q20 profit was S$730,…

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