SINGAPORE: Singaporean lender United Overseas Bank (UOB) is planning to double its private wealth assets under management over the next couple of years as it bets on increased wealth inflows into the city-state and Southeast Asia, a top executive said.
Total assets under management (AUM) at UOB, Southeast Asia's third biggest lender by assets, rose to a record S$176 billion ($132.04 billion) as of end-December.
