Third-quarter AUM at the private banking subsidiary of OCBC Bank was US$123 billion (S$167 billion), 6% up YoY but a decline of US$2 billion QoQ, as continued inflows of net new money (NNM) across different regions in which the bank operates were offset by a decline in market valuations. OCBC Group beat market expectations with a 19% YoY jump in…
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