DBS sees strong growth in private bank business
DBS Private Bank's AUM rose by over 9% in the current year to end-June; net new money inflow surged by 170%
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Genevieve Cua
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Singapore
DBS Private Bank (DBS PB) has generated strong growth in assets under management (AUM) this year, despite the market volatility and economic uncertainty brought on by Covid-19.
DBS PB's AUM rose by over 9 per cent in the current year to end-June, and net new money inflow surged by 170 per cent.
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