SINGAPORE (Oct 7): In April, when Asian Private Banker announced assets under management by private banks in Asia for 2018, LGT Group was placed No 10 with AUM equivalent to US$56 billion, or about a quarter of the private banks’ total AUM. The top two private banks in the league table were Swiss giants UBS with US$357 billion and Credit Suisse with US$205.1 billion. A third Swiss bank, Julius Baer, was in fourth place with US$111.9 billion.

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