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Bank of China Hong Kong aims for AUM boost in three years

Bank of China Hong Kong (BOCHK) is looking to tap the growing private banking business in Asia by boosting its assets under management (AUM) in the next three years. The Hong Kong-headquartered private bank is aiming to manage US$60-70 billion worth of assets in the region, says Wendy Tsang, general manager of BOCHK private banking. The operations will target Chinese HNWIs to…

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