Despite weak investment appetite from its customers in the first quarter, Bank of Singapore (BoS) posted a 3.6% increase, quarter-on-quarter, for assets under management (AUM), bringing the private bank’s total to US$57 billion, according BoS’ latest financial results. OCBC, BoS’ parent company, which groups together its private banking and global consumer banking businesses, posted a 16% increase in operating profit,…
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