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Citi targets 10% rise in Asian assets in 2015

Citi has set a 10% growth target in its wealth assets in Asia following announcements by Swiss heavyweights, UBS and Credit Suisse, to add more than US$500 billion combined in inflows to the region. Jonathan Larsen, Citi’s Asia Pacific head of consumer banking said given that the “expanding middle-class and increasing concentration of wealth among affluent individuals in Asia is…

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