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Southeast Asia holds key to boosting One Belt One Road strategy

... mple, the OCBC Bank of Singapore has already set up four offices in Singapore, Indonesia and other Southeast Asian nations that focus on China business in a bid to capture business opportunities relat ...More

EJ Insight2016-07-22

HK banks strengthen ATM security after Taiwan cyber heist

... red Bank, OCBC Wing Hang Bank, HSBC (Hong Kong), Bank of China (Hong Kong) and Hang Seng Bank. That suggests that the ATMs in Hong Kong could also fall prey to similar cyber attacks. According to Taiw ...More

EJ Insight2016-07-13

Hong Kong Philharmonic needs to face the music

... ak-kwong, OCBC Wing Hang Bank chairman Patrick Fung Yuk-bun and Swire Pacific chairman John Slosar. Swire is the principal patron of the orchestra, to which it has donated more than HK$100 million ove ...More

EJ Insight2016-05-05

Singapore raids brokers as exchange reports irregularities

... Holdings, OCBC Securities and Phillip Securities were among at least four brokerages raided by the MAS and the CAD earlier in the week, the Singapore newspaper Business Times reported, citing unidenti ...More

EJ Insight2016-04-25

OCBC Bank reaps more profit from Greater China ops

Oversea-Chinese Banking Corp. (OCBC Bank) has seen its pre-tax profit from the Greater China region surge to 20 percent of the total last year, reaching the goal three years earlier than expected, the ...More

EJ Insight2016-04-12

Seven banks follow Bank of East Asia in lowering mortgage rates

... ia) Ltd., OCBC Wing Hang Bank Ltd., Wing Lung Bank Ltd. and Nanyang Commercial Bank Ltd. Centaline Mortgage Broker Ltd. managing director Ivy Wong Mei-fung expects no price war, as one might end up in ...More

EJ Insight2016-03-23

Hong Kong lenders scramble for renminbi savings

... nt, while OCBC Wing Hang Bank Ltd. is offering 3.9 percent for one-month deposits. DBS Bank (Hong Kong) Ltd. also raised its three-month time deposit rate for renminbi to 3.55 percent, with other bank ...More

EJ Insight2015-12-03

HKMA orders 7 banks to stop issuing contactless credit cards

...  Bank and OCBC Wing Hang Bank. Fraud cases may result from the security loopholes in the contactless payment system, which, through an embedded chip in the card, allows users to make transactions by j ...More

EJ Insight2015-10-14

OCBC Bank's Stay Healthy incentive scheme offends some employees

Singapore’s OCBC Bank has launched a Stay Healthy Program at its Hong Kong branch, rewarding gift coupons worth as much as HK$400 to employees with full work attendance for the entire year. However, t ...More

EJ Insight2015-09-18

Leverage risky assets amid global reflation theme: economist

... ng arm of OCBC Bank, prefers high-yield bonds over investment grade debt and cash in both developed and emerging economies, Jerram said at a media briefing in Hong Kong Monday. Diversification and goo ...More

EJ Insight2015-06-23

Furious officials want answers after Splash Brothers make waves

... ngapore's OCBC arena. They received a score of zero. Embarrassed sports authorities were put on the spot after the video went viral. On social media, some Filipinos reacted mockingly, others took the ...More

EJ Insight2015-06-12

OCBC Wing Hang says yuan saving rates to stay high

Renminbi deposit rates will remain relatively high through the middle of the year amid increased arbitrage activities, the Hong Kong Economic Journal reported Monday, citing OCBC Wing Hang Bank Ltd. T ...More

EJ Insight2015-03-23

OCBC sees Wing Hang Bank synergy for China expansion

... orp Ltd. (OCBC), the second-largest lender in Southeast Asia. Wing Hang is more focused on small and medium-sized enterprises (SMEs) in Hong Kong and the Pearl River Delta, but with the help of OCBC, ...More

EJ Insight2014-08-18

OCBC to delist Wing Hang after acquiring 97.5% stake

Singapore's Oversea-Chinese Banking Corp. (OCBC) said it now owns 97.52 percent of Wing Hang Bank Ltd. (00302.HK) after shareholders accepted its US$5 billion takeover offer, allowing the acquirer to ...More

EJ Insight2014-07-30

HKEJ Today: Highlights

... ore-based OCBC sees the acquisition as a good opportunity to tap the Greater China market. Benjamin Hung to head Greater China operations for StanChart Standard Chartered Plc. (02888.HK) has named wit ...More

EJ Insight2014-04-02

OCBC offers US$5 bln for Wing Hang Bank, WSJ says

... ing to an OCBC statement. Trade in shares of OCBC and Wing Hang have been halted since Friday, the report said. -- Contatc HKEJ at [email protected] RA/CG   ...More

EJ Insight2014-04-01

OCBC to announce Wing Hang Bank acquisition, WSJ says

Singapore's Oversea-Chinese Banking Corp. (OCBC) will soon announce the acquisition of Wing Hang Bank Ltd., in a deal that values the family-owned Hong Kong lender at close to US$5 billion, the Wall S ...More

EJ Insight2014-04-01

Banking minnows starting to look like big fish

... ng Corp. (OCBC) struck an exclusive agreement to acquire Wing Hang Bank. The Hong Kong Economic Journal reported that the proposed deal prices Wing Hang at twice its book value which translates to HK$ ...More

EJ Insight2014-01-14

OCBC in talks to buy Wing Hang Bank, WSJ says

Singapore lender OCBC is in talks to buy Wing Hang Bank Ltd. in a deal that could value the Hong Kong lender at more than US$5 billion, the Wall Street Journal reported Monday, citing a person familia ...More

EJ Insight2014-01-06

OCBC mulls bid for Wing Hang Bank, report says

Singapore's Oversea-Chinese Banking Corp. (OCBC), Southeast Asia's second-largest bank, is said to be considering a bid for Hong Kong's Wing Hang Bank Ltd. (00302.HK), the Hong Kong Economic Journal r ...More

EJ Insight2013-10-25

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