DBS WM reports strong growth despite cost increases from ANZ acquisition

8 February 2018 | 3 minutes read

DBS reported significant increases in its income and asset under management level in its wealth management business in 2017, buoyed by strong market performances in the year and integration of some $18 billion in assets from buying out ANZ’s wealth business in Asia. The bank said on Thursday income at its wealth management arm increased by 25% to S$2.1 billion…

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