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DBS’ wealth management unit boosted by digitisation, specialised product offering, says Piyush Gupta

DBS’ wealth management business has gained market share in Asia thanks to its digitisation programme and specialised product suite, says DBS CEO Piyush Gupta. The Singaporean lender on Tuesday reported a 26% YoY rise in wealth management fees, which reached a quarterly high of S$222 million in 1Q17. This was due to “stronger sales of unit trusts and other investment…

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