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BANK EARNING

OCBC does not chase 'marginally acceptable' private-bank assets: CEO

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OCBC CEO Samuel Tsien (centre) with Darren Tan, CFO, (left), and Ching Wei Hong, COO, at the results briefing by South-east Asia's second-largest lender.

Singapore

OCBC Bank is not unduly concerned over the tougher scrutiny from Singapore regulators following the 1MDB scandal that has rocked the Singapore financial sector, the chief executive of the bank has said.

Samuel Tsien acknowledged at a briefing, however, that compliance