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ANZ deal will boost DBS WM AUM by S$23 billion

DBS expects to add S$23 billion in wealth management client assets – including S$6 billion in HNW wealth – to its books as a direct result of its acquisition of ANZ’s wealth management and retail banking business in five markets across Asia. Announced today, the deal will bring DBS’ total private banking and Treasures Private Client assets under management to S$115 billion…

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