Against a backdrop of “unfavourable market conditions”, BNP Paribas Wealth Management saw its global assets under management (AUM) drop by 2.3% year-on-year (YOY). Client assets at the French private bank fell to €325 billion (US$373 billion), down from €332 billion (US$382 billion) in the first quarter of last year. This was off the back of global market volatility and a…
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