Wealth and Asset Management
UOB’s net profit surges on wealth management rebound
Singapore-headquartered UOB Group has recorded a 74% hike in net profit at S$1.6bn ($1.2bn) for the first quarter of 2023 compared with the same period last year, led by a strong rebound in wealth management fees. According to a statement, the group’s first-quarter performance was underpinned by growth across wholesale,…
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