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Thanks to Hong Kong and India, StanChart PB sees a trickle of NNM

Standard Chartered Private Bank saw US$0.6 billion in net new money (NNM) inflows globally in the six months through June, driven by its operations in Hong Kong and India, the group reported today. Total private banking assets under management rose by US$4.7 billion, or 9%, over the period to US$59 billion, largely thanks to positive market movements. Advertisement However, the…

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