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DBS WM revenues rise over 40%

DBS’ wealth management division has posted a substantial 47% quarter-on-quarter increase in net fees and commission income for the first quarter of 2016, according to the bank’s latest financial report. DBS Wealth Management, which comprises of DBS Treasures, Treasures Private Client and Private Bank, saw SG$176 million (US$132 million) in net fees and commissions flow in over the first few…

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