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Bank of Singapore sees pressure on Asia's small wealth firms

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Bank of Singapore Ltd, the private banking arm of South-east Asia's second-largest lender, Oversea-Chinese Banking Corp (OCBC), sees further consolidation in the Asian wealth management sector, as business gravitates to the larger firms and smaller players find it harder to offer the range of services demanded by the region's rich.

Singapore

BANK of Singapore Ltd, the private banking arm of South-east Asia's second-largest lender, Oversea-Chinese Banking Corp (OCBC), sees further consolidation in the Asian wealth management sector, as business gravitates to the larger firms and smaller players find it harder to

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