Singapore's Oversea-Chinese Banking Corp. has agreed to buy Wing Hang Bank, a family-owned bank in Hong Kong for close to US$5 billion.

SINGAPORE — Forgot to bring your OCBC ATM card? You will soon be able to check your bank account balances or withdraw cash by scanning your face at the bank’s ATMs.

Singapore's Oversea-Chinese Banking Corp. will soon announce the acquisition of Wing Hang Bank Ltd., in a deal valuing the family-owned Hong Kong bank at close to US$5 billion.

SINGAPORE -- Singapore's Oversea-Chinese Banking Corp. (OCBC) announced last Friday the appointment of Na Wu Beng as the new CEO of newly-acquired Wing Hang Bank of Hong Kong. Na will replace ...

SINGAPORE — Oversea-Chinese Banking Corporation (OCBC) yesterday said it has appointed Mr Na Wu Beng (picture) as chief executive of Wing Hang Bank, two days after it closed a HK$38.4 billion (S ...

Oversea-Chinese Banking Corp Ltd (OCBC) (SES:O39) has offered to pay almost $5 billion (3 billion pounds) for one of Hong Kong's last remaining family-owned banks, in a deal that would give the ...

When OCBC acquired Wing Hang Bank last year, it set itself up for a year of transition and challenges. According to Jefferies Singapore, though the bank is getting the quick wins (WHB's non-interest ...

OCBC posted record profit in its first quarter in FY 2014, a 29 percent jump as compared to a year ago. OCBC offer to acquire Wing Hang Bank would allow OCBC to gain a foothold in the Chinese economy ...

* OCBC offer is double Wing Hang's book value Jan 3 (Reuters) - Singapore's Oversea-Chinese Banking Corp (OCBC) has begun exclusive talks to buy Hong Kong's Wing Hang Bank in a deal that would ...

OCBC, like other foreign lenders, are drawn to China's economic clout and the growth of its offshore yuan markets. Wing Hang has branches in Shenzhen, Guangzhou and Macau - major hubs in the ...

Oversea-Chinese Banking Corp., Southeast Asia’s second-biggest lender, fell to a more than six-month low in Singapore stock trading amid concern it may pay too much to take over Hong Kong’s ...

Wing Hang is the biggest deal for OCBC CEO Tsien, who took the post in April 2012. The bank’s last major purchase was completed in 2010 when it bought ING Group’s Asian private bank for $1.5 ...