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2Q19 private banking results highlights

Despite the year-to-date rally across the board, bitter memories of 2018 and a precarious geopolitical climate had clients lingering on the sidelines in 1H, opting to wait for the uncertainty-riddled environment to turn. Investor timidity prompted private banks in the region to work overtime to convince clients to ignore short-term noise and stay invested, which lenders managed by offering more…

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