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HSBC, OCBC and Indonesia

 · 2h
OCBC to acquire HSBC Indonesia retail and wealth units
OCBC Indonesia expects its assets under management to rise by 25%, while credit card balances are projected to increase by more than 150%.

Continue reading

 · 2h
OCBC acquires HSBC’s retail and wealth management in Indonesia
The Edge Singapore · 10h
OCBC confirms acquisition of HSBC Indonesia for a premium of $480 mil
The Business Times
3h

OCBC’s Indonesia deal boosts wealth push, may herald more M&A under new CEO Tan Teck Long: analysts

Industry watchers say the bolt-on deal could signal more acquisitions, particularly in high-growth Asean markets Read more at ...
8h

OCBC Acquires HSBC Indonesia's Wealth, Retail Business, Adding SG$6.6 Billion in AUM

Oversea-Chinese Banking Corporation (SGX:O39) or OCBC, agreed to acquire the retail and wealth management business of HSBC ...

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