Earnings beat forecasts: OCBC's Q1 net profit rose 5% to S$1.97 billion, exceeding analyst expectations, with strong wealth management income offsetting lower lending margins. War risk provisions: The ...
The acquisition is expected to contribute positively to earnings and add S$6.6 billion to OCBC Indonesia’s assets under ...
Asian Banking & Finance on MSN
OCBC NISP’s HSBC IWPD deal may see 48% AUM uplift: analyst
There is minimal overlap between the two banks’ customers. OCBC’s acquisition of HSBC’s international wealth and private ...
Reaction to OCBC's bolt-on acquisition of HSBC's International Wealth and Premier Banking in Indonesia is mainly positive ...
Bank's record non-interest income was led by strong growth in wealth management. Read more at straitstimes.com. Read more at ...
OCBC Indonesia signed an agreement to acquire the International Wealth and Premier Banking (IWPB) business of PT Bank HSBC ...
OCBC, the second-largest banking group in Southeast Asia, has agreed to acquire HSBC’s retail and wealth management operation ...
OCBC has agreed to acquire the International Wealth and Premier Banking business of HSBC in Indonesia, adding 336,000 customers and about SGD6.6 billion (USD5.15 billion) in assets under management.
Industry watchers say the bank might look to high-growth Asean markets for more acquisitions Read more at The Business Times.
Pre-tax profit for the first three months of the year fell to US$9.4 billion ($12.0 billion), missing the US$9.6 billion ...
OCBC Indonesia expects its assets under management to rise by 25%, while credit card balances are projected to increase by ...
HSBC closed the first quarter of 2026 with 6% revenue growth, but below-expected profits, impacted by a €400 million charge related to a fraud in the United Kingdom. Provisions are rising. Share price ...
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