OCBC records marginal quarterly drop in BoS AUM, “record high” in WM income

5 November 2019 | 2 minutes read

OCBC recorded a slight quarterly dip in assets under management for Bank of Singapore and a “record high” in 9M wealth management income, according to the lender’s 3Q19 results. Compared to the previous quarter, Bank of Singapore’s AUM fell slightly from US$111 billion to US$110 billion, but was up 5% on a YoY basis. Meanwhile, its earnings asset base —…

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