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DBS, OCBC private bank AUM buck industry slide: survey

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OCBC's Bank of Singapore, which caters to clients with at least US$5 million, saw assets under management edge up 3 per cent to US$102 billion.


SINGAPORE banks' private banking arms outperformed the broader industry in 2018 despite assets under management declining across the region amid weaker financial markets.

Total assets under management at the 20 largest private banks in Asia excluding China declined 3.6...

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