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WM income at OCBC, DBS and UOB doubled or more in last 5 years

As the population of HNWIs in Asia Pacific surpassed that of North America in 2015, the top Singapore banks saw massive growth in wealth management-related (WM) income in the past five years, notes a Singapore Exchange (SGX) report. In 2015 alone, DBS Group Holdings, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) all saw significant revenue growth in their wealth…

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