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DBS mum on reports of its suspension from China forex business

OCBC and UOB confirm they face no ban on trading forex there

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Published Thu, Jan 7, 2016 · 09:50 PM

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    Singapore

    OCBC Bank and United Overseas Bank (UOB) both confirmed on Thursday that they continue to trade foreign exchange in China, unlike several banks like compatriot DBS Bank that are said to have been banned from doing so.

    The respective spokeswomen of OCBC and UOB told The Business Times their banks face no ban on trading forex in China.

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