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A $44,000 Salary Now Gets Private Banking Access in South Africa

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Globally, private banking has long been the preserve of the ultra-rich. In South Africa — the world’s most unequal country — lenders are slashing entry barriers, effectively turning a segment known for bespoke, white-glove service into a mass-market offering. Top banks are aggressively courting South Africans earning more than 750,000…

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