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OCBC joins race for Barclays Asia wealth arm bid

Overseas Chinese Banking Corp (OCBC) joins a growing league of banks to be bidding for the rumoured sale of Barclays private banking arm in Asia, according to sources. OCBC, along with Swiss private bank Julius Baer and Singaporean lender DBS, has reportedly submitted non-binding bids for Barclays’ Asian private wealth business. When contacted, spokespeople from Barclays and OCBC declined to…

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