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EFG APAC’s AUM soars 71% YoY in 2019

EFG’s Asia Pacific private banking grew its AUM 71% YoY to CHF 31.5 billion by the end of 2019, on the back of the acquisition of a majority stake in Shaw and Partners. Apart from netting the EFG Group CHF 11.6 billion in AUM, the acquisition provided immediate access to the Australian market. EFG’s APAC private banking accounted for 20%…

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