National Australia Bank (NAB) has agreed to sell its private wealth business in Hong Kong and Singapore to OCBC, the Australian lender announced today. The largely retail-focused private wealth business comprises of a US$1.7 billion mortgage portfolio and US$3.05 billion in deposits, with about 11,000 customers across Hong Kong (4,000) and Singapore (7,000). A spokesperson for OCBC said the deal…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
Have a confidential tip? Get in touch [email protected]
