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

Thread starter krafty
Start date Apr 8, 2016

krafty

Alfrescian (Inf)

Asset

Apr 8, 2016

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.

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