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Bank of Singapore AUM hits US$111B with “broad-based” NNM inflows

Assets under management at Bank of Singapore, OCBC’s private banking arm, rose 3% quarter-on-quarter to total US$111 billion at the end of the second quarter and 9% year-to-date, largely on the back of new money inflows, the bank announced on Friday. Speaking at a briefing in Singapore, group CEO Samuel Tsien described the inflows as broad-based in terms of regional…

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