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DBS WM posts income increase of 19% YoY

DBS today released its Q2 results, reporting a year-on-year increase in wealth management income of 19%, driven by an rise in fee revenues and a relatively low 2Q18 base. Following a strong start to the year, the Singaporean lender saw a 17% YoY increase in net profits in Q2 — up from S$1.37 billion to S$1.60 billion — supported by a…

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