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Crow’s Nest: Asia’s untapped HNW gold mine

Although assets under management (AUMs) at Asia’s leading private banks have maintained steady growth in recent years – the top 20 private banks grew these by 11.2% and 16% in 2014 and 2013 respectively to accumulate an additional US$350 billion – there is a general undertone that large integrated banks are not tapping enough into the supply vein that is their other local businesses….

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