SINGAPORE (May 27): Over the past 20 years, United Overseas Bank has gradually built up a regional presence, differentiating it from DBS Group Holdings and, to a much lesser extent, Oversea-Chinese Banking Corp. DBS’s presence is mainly in Singapore and Hong Kong. OCBC’s focus is on the flow business between North Asia and Southeast Asia, and here, there is an overlap with UOB, as both banks believe that trade and capital flows between the regions are the megatrends for the next decades. OCBC has a large wealth management platform that includes a private bank and life insurance subsidiaries.

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