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DBS WM 1H20 AUM up 7% YoY, income stays flat

The combination of record sales of investment products in 1Q20 and a significant drop in WM fees in 2Q20 translated in a total income staying roughly flat YoY in 1H20 for DBS WM. On the other hand, AUM saw a 7% YoY increase, from S$234 billion to S$251 billion. DBS Group on Thursday announced its 1H20 results, recording a 26%…

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