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Bank of Singapore must increase its AUM by 18% to reach year-end target

Bank of Singapore will need to grow its assets under management (AUM) by a further 18% if it is to meet its year-end and post-Barclays WIM integration target of US$73.3 billion. Yesterday, Bank of Singapore revealed that its client assets total US$62 billion, an increase of US$1 billion on the previous quarter and up 20% in yearly terms. However, a…

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