Wealth and Asset Management
OCBC records 44% increase in Q1 profit
Singapore-based OCBC Bank recorded a net profit of S$1.88bn ($1.42bn) for the first quarter of 2023, a 44% increase from the previous quarter, driven by income from wealth management. Compared with the first quarter of last year, net profits rose by 39%. In a statement, the bank said that non-interest…
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