OCBC’s Bank of Singapore eyes China operation

The private banking operation will be targeting mostly entrepreneurs who are looking at wealth-boosting investment opportunities.

CEO Renato de Guzman was quoted in a Reuters report as saying, "With the renminbi appreciation and with exports slowing down, there is a shift for the high net worths to look into other ways to generate more income, grow their wealth.”

The report said Bank of Singapore has no plans to build an onshore business in India and South Asian clients will continue to be served by a team of 100 bankers in Singapore, Hong Kong, Dubai and London.

View the full report here.

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Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley