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VP Bank: NNM flows “particularly healthy” in Asia

VP Bank says that net new money inflows (NNM) in 2016 were “particularly healthy” in Asia, and that it will look for M&A opportunities while expanding client-facing teams going forward. Globally, NNM from client deposits reached CHF 7 million in 2016, compared with an outflow of CHF 658 million in the previous year, according to the bank’s latest earnings report. The…

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