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UOB to Add 50 Private Bankers a Year in $627 Million Wealth Push
Source: Bloomberg
Banking & LiquidityTechnology & InnovationCompany Fundamentals
United Overseas Bank has earmarked about S$800 million ($627 million) over five years to accelerate growth in its private-banking business. The investment will fund headcount and technology as UOB seeks to strengthen its competitive position against wealth-management rivals.
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