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Thailand’s growing wealth poses riddle for top private banks

Photo by Dan Freeman on Unsplash

Asia knows few wealth management riddles more perplexing than Thailand. With its unstable politics, COVID-19-shattered tourism and export industries, supply chains in chaos and global interest rates rising, the nation might look less than hospitable to private bankers. But Narit Kosalathip at Kiatnakin Phatra Securities is not surprised to see the globe’s biggest banking powers angling for a slice of…

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