ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Barclays wealth units priced below estimate in OCBC sale
Bloomberg Oversea-Chinese Banking Corp.’s purchase of Barclays Plc’s wealth-management units in Singapore and Hong Kong was priced at $227.5 million, 29 percent below an initial estimate, after the amount of assets being transferred fell. The final price is based on 1.75 percent of the $13 billion of Barclays assets transferred to Bank of Singapore, OCBC’s private-banking arm, the Singaporean …
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