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Bank of China manages US$125 billion in private wealth

Bank of China (BOC) manages RMB812 billion (US$125 billion) in financial assets for its private wealth management (WM) clients, according to its most recent financial report. The bank serves 86,500 private banking customers globally, the full-year 2015 report reads, with 303 WM centres and 34 private banking centres in the mainland as at the end of the year. The Chinese…

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