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Asia private banking AUM per RM trumps global average at major universal banks

Private banks’ AUM per RM in Asia recorded notable growth in 2020 — with but one exception — increasing by an average 8.8% YoY. For many international banks with a universal banking model, their Asia AUM per RM was significantly higher than the global equivalent. Asian Private Banker’s Asia 2020 Private Banking RM headcount and AUM per RM league tables…

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