OCBC completes acquisition of NAB’s private wealth business in Singapore

OCBC has completed its acquisition of National Australia Bank (NAB)’s private wealth business in Singapore, five months after the deal was first announced. According to a filing with the Singapore Stock Exchange, the Singaporean lender said it closed the deal, yesterday. “Following the announcement on 11 May 2017, Oversea-Chinese Banking Corporation Limited (“OCBC”) wishes to announce that it has completed the…

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