Oversea-Chinese Banking Corporation Limited

Singapore: OCBC Wing Hang Bank sells stake in Hong Kong Life for S$425.8m

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OCBC Wing Hang is divesting its stake in Hong Kong Life Insurance Limited.

DBS, OCBC and Julius Baer submit bids for Barclays Asia wealth unit

Singapore’s DBS Group Holdings and Oversea-Chinese Banking Corp as well as Swiss bank Julius Baer have submitted non-binding bids for Barclays‘ Asian private wealth business, people familiar with the matter said. First-round bids for the Singapore-based unit, which bankers value at around $600 million, were submitted last week, said the people,… Read more »

Genting Singapore’s secures $1.66 b in bank loans

Genting Singapore PLC said its subsidiary – Resorts World at Sentosa Pte. Ltd (RWS) – had secured syndicated senior secured credit facilities of S$2.27 billion ($1.66 billion). The new loan will be used for refinancing Resorts World at Sentosa’s existing facilities of S$4.1925 billion obtained in 2011. The five-year loan consists… Read more »