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Bank of Singapore eyes private banking big leagues with US$2.5tn wealth transfer

Rodney Sin, Bank of Singapore

Bank of Singapore is betting that its focus on tapping into Asia’s multi-trillion dollar generational wealth transfer will propel it into the upper echelons of the region’s private banking landscape within three to five years. The bank currently sits in 9th place in Asian Private Banker Asia 2023 League Tables with US$116 billion in AUM, down 3.3% from the prior…

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