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Merger maestro Wee Cho Yaw cautious on acquisitions
Published Thu, Apr 21, 2016 · 09:50 PM
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Singapore
UOB'S chairman emeritus Wee Cho Yaw - who orchestrated multiple acquisitions when he helmed the bank - has sounded a note of caution on mergers with other banks in today's environment.
"With acquisitions today, it's very difficult to get growth," he said on Thursday at the shareholders' meeting, noting risks in ta…
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