National Australia Bank (NAB)

Broker's Calls

This bank is divesting its non-core businesses and investing in wealth management

SINGAPORE (June 28): UOB KayHian is maintaining its ‘buy’ call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $11.70.

Broker's Calls

OCBC acquisition of NAB’s private wealth business ‘marginally positive’, says RHB

SINGAPORE (May 11): RHB Research believes OCBC Bank’s acquisition of National Australia Bank’s private wealth business in Hong Kong and Singapore is likely to be positive for its overall wealth management business.

OCBC to acquire National Australia Bank’s private wealth business in Singapore, Hong Kong

SINGAPORE (May 11): OCBC Bank has entered into an agreement to acquire National Australia Bank’s (NAB) Private Wealth business in Singapore and Hong Kong as it seeks to bolster operations serving Asia’s rich.

China Focus

Why yuan devaluation was just what China needed

SINGAPORE (Aug 19): There have been more benefits than costs to China’s decision over a year ago to change its currency fixing levels, even if waves of volatility rocked financial markets after the news was announced on August 11, 2015.

8 Asia-Pacific banks to withstand the credit-cycle downturn: Fitch Ratings

SINGAPORE (June 21): Fitch Ratings expects the eight strongest banks in Asia-Pacific to “maintain sound profiles despite the current credit-cycle downturn”.