OCBC to nab Barclays’ Singapore, Hong Kong wealth business for $431.6m

[krafty]

OCBC’s private banking unit, Bank of Singapore, is proposing to acquire Barclays’ Wealth and Investment Management Business (WIM) in Singapore and Hong Kong to the tune of US$320m, or roughly $431.6m.

https://sg.finance.yahoo.com/news/ocbc-nab-barclays-singapore-hong-020800323.html


ocbc is expanding, good one! now everything is cheap, so buy! i expecting their shares to be on par with DBS in near future.