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UOB’s WM business crosses S$100 billion AUM threshold

Assets under management (AUM) from UOB wealth management segment, including private bank and Privilege Reserve, grew by 11.8% YoY in 2017, according to the bank’s year-end results, announced today. Overall the wealth management AUM hit S$104 billion, while high net worth-specific income hit S$513 million (+35% YoY) for the full year. The wealth management division also notched up a 36% YoY…

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