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OCBC's Q3 net profit falls 59% in absence of divestment gains

Saturday, November 2, 2013 - 06:00

Singapore OVERSEA-Chinese Banking Corp (OCBC) posted a 59 per cent fall in third-quarter net profit to $759 million, from $1.85 billion a year earlier which included a divestment gain of $1.126 billion. Excluding the non-core gains last year from the divestment of stakes in Fraser and Neave and

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