Wealth and Asset Management
OCBC Acquires Barclays' Asia Wealth Business for $320 Million
Barclays has agreed to sell its wealth and investment management operations in Hong Kong and Singapore to Singapore's Oversea-Chinese Banking Corp (OCBC) for $320 million, as part of its efforts to streamline and reduce risk. The acquisition strengthens OCBC's presence across Southeast Asia, Greater China, and the Middle East, marking…
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