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Global private bank M&As slow down, Asia remains expensive

Even as international deals between private banks looking to grow inorganically slow down, Asia continues to be an active, and expensive M&A market for private banks, according to a recent report by Scorpio Partnership. Between 2011 and 2012, private banks paid a premium for Asian assets with prices ranging between 2.7% to 3.4% of assets under management (AUM). The report…

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