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OCBC expected to complete acquisition of NAB’s HK private wealth business today

As per the bank’s announcement two weeks ago, OCBC expects to complete its acquisition of National Australia Bank (NAB)’s private wealth business in Hong Kong today, not long after the Singaporean lender closed the Singapore leg of the deal. According to a filing with the Singapore Stock Exchange (SGX) issued on the 13 November, “OCBC’s acquisition (through its wholly-owned subsidiary, OCBC Wing…

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