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Bank of Singapore AUM expands 15% YoY as OCBC books record full-year profit

Bank of Singapore has recorded an AUM growth of 15% YoY, while 4Q19 net profit at its parent group OCBC jumped 34% YoY, according to FY19 results released today. Despite a slight drop in its AUM in Q319, BoS made a leap in 4Q19, growing its AUM from US$110 billion to US$117 billion. The resilient performance was driven by sustained net…

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