News in Brief - Caproasia Online

Caproasia.com | The leading source of data, research, information & resource for financial professionals, institutional investors, professional investors and private investors (UHNWs, & HNWs). Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

This site is for accredited investors, professional investors and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.


Hong Kong Court Rules Against OCBC in Mis-Selling

Hong Kong’s High Court ruled against Oversea-Chinese Banking Corp.’s private bank in a mis-selling case, saying the unit and a relationship manager had breached their contractual duty towards an elderly couple who lost money on investments made with ING Asia Private Bank.

The court said Bank of Singapore and banker Yvetti Chau Kwan-siu had failed “to exercise reasonable care and skill” in assessing the couple’s investment objectives and risk appetite.

News Source: Bloomberg

About Bank of Singapore

Bank of Singapore
Bank of Singapore

Bank of Singapore is a Singapore-based private banking arm of OCBC Bank. Formerly known as ING Asia Private Bank, it was acquired by OCBC in 2010. The combined private banking businesses of IAPB and OCBC was subsequently named Bank of Singapore. The products and services include those offered by OCBC, such as Consumer Banking, Corporate Banking, Commercial and Real Estate Lending, Treasury Services, Investment Banking, Transaction Banking, and Stock Broking Service.

  • Origin : Singapore
  • Assets : SGD 390.1 billion
  • Revenue : SGD 2.06 billion
  • Employees : 850

Official Website: www.bankofsingapore.com

News & Media: Press Release

 

 

Caproasia Platforms:

Caproasia Events & Coverage:



Caproasia.com | The leading financial website for financial professionals, professional investors and HNW investors. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Quicklinks: Caproasia Access | TFC | Caproasia | Jobs








Join 14,000+ leading financial professionals and professional investors in Asia. Stay ahead of your peers & competition. Receive Caproasia newsletter here.
Managing $20 million to $3 billion? Register here: Financial Professionals
.
Visit Access | Daily homepage for financial professionals & professional investors.

Register: Professional Investors | CEOs & Entrepreneurs


For press release, email to press@caproasia.com
For editorial, media kit, listing on TFC, events, seminars or research & data services, email to mail@caproasia.com