Singapore’s OCBC starts private-banking business in Indonesia

SINGAPORE -- Oversea-Chinese Banking Corp., Singapore's second-largest bank by assets, has launched private banking in Indonesia in a bid to expand its market share in Asia's wealth management industry. The bank announced Monday that local subsidiary OCBC ... ( read original story ...)

Are Singapore Bank Stocks Still Attractive?

Can shares of Singapore’s three largest lenders – DBS (D05.SG), OCBC (O39.SG) and UOB (U11.SG) – continue to deliver returns following their 16% rally this year? Jefferies analyst Krishna Guha thinks so: Even though margin reflation and asset quality ... ( read original story ...)

Singapore Stock Market: Support Expected At 3,200

( - The losing streak has hit four sessions now for the Singapore stock market, which has retreated more than 45 points or 1.4 percent along the way. The Straits Times Index now rests just above the 3,215-point plateau although it may find ... ( read original story ...)