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Wing Hang buy would spell higher risks for OCBC: Fitch

Exposure to Greater China would rise to 25% of total loans
Friday, January 10, 2014 - 06:00

OCBC Bank's bid for Wing Hang Bank in Hong Kong will raise its risk profile as the Singapore bank seeks to increase its overseas operations, said Fitch Ratings. On Monday, OCBC announced it is in exclusive talks until the end of the month to buy the bank, with the substantial shareholders of

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