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Wednesday, August 5th, 2020

Singapore's OCBC unit to buy Barclays' Asian unit for $320 million

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by April 7, 2016 General

People pass an Oversea-Chinese Banking Corporation (OCBC) bank automated teller machine in Singapore's central business district in Singapore's central business district Oversea-Chinese Banking Corp (>> Oversea-Chinese Banking Corp. Limited) has agreed to buy Barclays’ (>> Barclays PLC) wealth management operations in Singapore and Hong Kong for $320 million, its second major private banking deal since 2009.

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