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Asia's banks see rich pickings in private wealth assets

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In a megabucks deal two weeks ago, OCBC Bank snagged the wealth and investment management business that Britain's Barclays Bank has in Singapore and Hong Kong, for a cool US$320 million (S$430 million). Those businesses will add assets under management of US$18.3 billion – as of Dec 31 last year…

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Click here to read the full story: Strait Times

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