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National Australia Bank (NAB)
Broker's Calls
This bank is divesting its non-core businesses and investing in wealth management
SINGAPORE (June 28): UOB KayHian is maintaining its ‘buy’ call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $11.70.
June 28, 2017
Broker's Calls
OCBC acquisition of NAB’s private wealth business ‘marginally positive’, says RHB
SINGAPORE (May 11): RHB Research believes OCBC Bank’s acquisition of National Australia Bank’s private wealth business in Hong Kong and Singapore is likely to be positive for its overall wealth management business.
May 11, 2017
OCBC to acquire National Australia Bank’s private wealth business in Singapore, Hong Kong
SINGAPORE (May 11): OCBC Bank has entered into an agreement to acquire National Australia Bank’s (NAB) Private Wealth business in Singapore and Hong Kong as it seeks to bolster operations serving Asia’s rich.
May 11, 2017
China Focus
Why yuan devaluation was just what China needed
SINGAPORE (Aug 19): There have been more benefits than costs to China’s decision over a year ago to change its currency fixing levels, even if waves of volatility rocked financial markets after the news was announced on August 11, 2015.
August 19, 2016
8 Asia-Pacific banks to withstand the credit-cycle downturn: Fitch Ratings
SINGAPORE (June 21): Fitch Ratings expects the eight strongest banks in Asia-Pacific to “maintain sound profiles despite the current credit-cycle downturn”.
June 21, 2016