Oversea-Chinese Banking Corporation Ltd (OCBC.SI)
25 May 2017
SINGAPORE Singapore's Oversea-Chinese Banking Corp said on Thursday it will acquire National Australia Bank's private wealth business in Singapore and Hong Kong, increasing its mortgage portfolio by around 4 percent.
BRIEF-OCBC Bank to acquire National Australia Bank's private wealth business in Singapore and Hong Kong
May 11 Oversea-Chinese Banking Corporation Limited
SINGAPORE Singapore's Oversea-Chinese Banking Corp Ltd reported a nearly 14 percent rise in quarterly profit, largely led by sustained growth in its wealth management business and robust results from insurance operations.
SINGAPORE, May 9 Singapore's Oversea-Chinese Banking Corp Ltd reported a nearly 14 percent rise in quarterly profit, largely led by sustained growth in its wealth management business and robust results from insurance operations.
* Net interest income of S$1.27 billion for Q1 was 3% lower as compared to S$1.31 billion a year ago
April 11 Oversea-chinese Banking Corporation Limited:
(The following statement was released by the rating agency) HONG KONG, March 24 (Fitch) Fitch Ratings does not believe the disposal of stakes in Hong Kong Life Insurance Limited (not rated) by OCBC Wing Hang Bank Ltd (WHB; A+/Stable/a-), Shanghai Commercial Bank Ltd (SCB; A-/Stable/a-) and Chong Hing Bank Limited (CHB; BBB/Stable/bbb) will have an immediate effect on the banks' ratings, but the one-off gains of up to 100% of the banks' annual profit, if retained, will support organic growth
(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Oversea-Chinese Banking Corp - Mortgage Covered Bonds https://www.fitchratings.com/site/re/895858 SEOUL, March 21 (Fitch) Fitch Ratings has assigned a final 'AAA' rating to Oversea-Chinese Banking Corp's (OCBC; AA-/Stable/F1+) inaugural issue of EUR500m of mortgage covered bonds. The Outlook is Stable. The covered bonds have been issued in line with the requirements of the Monetary Authority of Singapo
BRIEF-Oversea-Chinese Banking Corporation announces unit's sale of 33.33 pct stake in Hong Kong Life Insurance Ltd
March 20 Oversea-Chinese Banking Corporation Limited
HONG KONG/TORONTO Royal Bank of Canada, the country's biggest lender, has put its Asian wealth management business under review, which could lead to its sale, four people familiar with the matter told Reuters.