OCBC’s private banking business Bank of Singapore (BoS) posted positive earnings in the first half of the year, with assets under management (AUM) growing 6% year on year. BoS’s AUM base grew to US$54 billion from US$51 billion a year ago, bolstering OCBC’s overall wealth management income. This spans its insurance, private banking, asset management, stockbroking and other wealth management products….
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