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OCBC grows wealth management income by 4% in first nine months

Bank of Singapore’s (BoS) parent group Oversea-Chinese Banking Corporation Limited (OCBC) saw wealth management income hike 4% year on year to S$1.74 billion (US$1.24 billion) for the first nine months of the year, as it continued to contribute more than a quarter of group income. Its private banking assets under management (AUM) totaled US$52 billion as of 30 September 2015, OCBC said…

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