https://www.nbcnews.com/news/world/live-blog/israel-hamas-war-live-updates-gaza-israel-humanitarian-rcna120479

 

https://baike.baidu.com/item/%E6%8F%92%E7%BF%85%E9%9A%BE%E9%A3%9E/62607

https://xueqiu.com/2014265372/109592520

 

For nearly two decades, the Gaza Strip has been bottled up and almost completely blocked off. It has been widely compared to an open-air prison. Israel and the United States have tried to seal Gaza, isolating its nearly 2 million residents on a tiny, impoverished strip of land.1

 

this is called a opened air prison

https://investors.sgx.com/securities/stocks?security=O39

https://edition.cnn.com/2023/10/15/middleeast/israel-hamas-gaza-war-sunday-intl-hnk/index.html

https://en.wikipedia.org/wiki/Russian_invasion_of_Ukraine

https://investors.sgx.com/securities/stocks?security=O39

https://finance.yahoo.com/quote/O39.SI/history?p=O39.SI

https://cn.investing.com/equities/comfortdelgro-corporation

https://www.comfortdelgro.com/zh/sustainablity/transformation/electifiction/

 

EV will change the way the this singaporean company drive its business

https://www.ocbc.com/assets/pdf/media/2017/aug/press%20release%20-%20ocbc%20and%20bank%20of%20ningbo.pdf

https://www.youtube.com/watch?v=0XELGBCbhH0

https://sg.finance.yahoo.com/news/singapore-is-winning-out-over-hong-kong-anz-bank-ceo-says-024853765.html

https://fortune.com/2023/08/28/billions-flow-out-china-markets-despite-beijing-stimulus-foreign-investors/

https://zh.wikipedia.org/zh-sg/%E4%B8%AD%E5%A4%AE%E6%B1%87%E9%87%91

 

https://www.ocbc.com/group/media/release/2015/recognition-for-acquisition-of-wing-hang.page

 

https://www.ocbc.com/group/media/release/2023/ocbc-is-first-bank-in-singapore-to-offer-global-cross-border-payments-via-alipay-plus

 

will 中 央 汇 金 acquired ocbc share to hedge its weak yuan as well sgd yuan 5.26

https://www.thestar.com.my/business/business-news/2023/10/12/china-stocks-rise-after-state-fund-boosts-stakes-in-039big-four039-banks

https://news.cnstock.com/news,bwkx-202310-5133648.htm

https://en.wikipedia.org/wiki/Central_Huijin_Investment

they also operated in singapore too

https://www.cnbc.com/2023/10/12/chinas-big-four-banks-rally-after-state-wealth-fund-boosts-stake-.html

https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=0ITOMM7R2ZCLH6VW

 

https://sginvestors.io/sgx/stock/o39-ocbc-bank/target-price

 

https://sginvestors.io/sgx/stock/o39-ocbc-bank/share-price-history

https://www.ocbc.com/assets/pdf/major%20regulatory/2009/ocbc%20bank%20triples%20its%20private%20banking%20business%20with%20the%20acquisition%20of%20ing%20asia%20private%20bank/ocbc_iapb_presentation.pdf

https://en.wikipedia.org/wiki/Bank_of_Singapore

https://www.straitstimes.com/business/bank-of-singapore-completes-acquisition-of-barclays-wealth-and-investment-business

https://en.wikipedia.org/wiki/Bank_of_Singapore

https://www.hubbis.com/news/bank-of-singapore-intensifies-expansion-with-major-hiring-and-growth-plans

BANK of Singapore (BOS) wants to be among the biggest players for financial intermediaries in Asia, particularly as it sees strong growth in the single family offices (SFOs) and financial intermediaries space, said chief executive officer Jason Moo.
&ldquo The big focus for us is, we&rsquo re going to revitalise the terminology of &lsquo Asia&rsquo s global private bank&rsquo . We are rooted in Asia&hellip but we have global capabilities and global asset allocation,&rdquo said Moo, who took on the role in March 2023.
As part of its strategic review, BOS set up a family office platform to focus on its SFO value proposition, and provide dedicated coverage to financial intermediary clients, which include external asset managers and independent asset managers. BOS &ndash OCBC&rsquo s private banking arm &ndash has a market share of close to one-third of the 1,100 SFOs in Singapore by end-2022.
Assets under management for its financial intermediary clients also grew 60 per cent from 2020 to end-2022, making this one of the bank&rsquo s fastest growing segments, Moo noted.
&ldquo By creating a dedicated excellent centre for covering these financial intermediaries, we feel like we can have more dedicated resources when dealing with them.&rdquo He said that a major selling point is the private bank&rsquo s open architecture capability, which can offer clients the best price for products through a single platform.
This reduces logistical difficulties for clients if they were to deal with the various banks themselves.
Banks that have their own trading desks may also be inclined to show clients their own prices, whereas BOS deals with different banks to find the best price.
Furthermore, Moo expects BOS to have an edge in the alternative investments space, having spent a lot of effort to build its alternative capital platform.
Assets under management for alternatives grew 50 per cent from 2019 to 2022. Moo noted that SFO clients also go to the bank a lot to deal in the alternatives space.
&ldquo We&rsquo re probably one of the best banks to help clients navigate this space, because we offer products along this entire spectrum.&rdquo

Singapore brand

Meanwhile, what makes the private bank stand out on the global stage is its Singapore brand, Moo said.
He noted that the country has become more prominent in people&rsquo s minds in recent years. &ldquo We&rsquo re riding on the wave of Singapore viewed as a safe jurisdiction, especially after some of the turmoil in the market.&rdquo
Even with the ongoing S$2.8 billion anti-money laundering probe in Singapore, Moo said people have not been less inclined to invest in the Republic.
He noted that the swift action by the government, and cooperation from the whole banking system to address the probe, speak to the robustness of the country&rsquo s financial system.
While wealth from China may see extra scrutiny now due to the probe, Moo noted that the responsibility of extra vigilance should be on everyone.
&ldquo You don&rsquo t want to throw the baby out with the bathwater. There are a lot of good Chinese clients with legitimate wealth who should be banked properly.&rdquo
Moo, having been in the private wealth space for over 25 years, noted that Chinese clients have become a lot more sophisticated. They are more focused on preserving wealth through globally allocated assets than before, when they had more concentrated bets.
As more clients in China and elsewhere around the world look to diversify their assets away from their home jurisdictions, Moo believes this gives BOS an advantage, as it positions itself as a global private bank rooted in Asia.

Global aspirations 

As a well-recognised brand in Asia, Moo expects that BOS should be able to capture global clients who are increasingly looking for an Asian or regional angle on research and trends.
The bank also has a global investment capability for Asian clients.
As part of the bank&rsquo s strategic review, it formed a separate chief investment office (CIO), which used to be part of the bank&rsquo s product group.
The CIO should be product agnostic given that it is purely focused on its investment strategy, Moo said.
The bank is also reorganising its coverage to focus on its three hubs &ndash in Singapore, Hong Kong and Dubai &ndash with regional offices reporting into the hubs.
Moo expects this will promote more collaboration within the offices.
It also encourages relationship managers to have more flexibility and cover areas they have an edge on, allowing teams to be more entrepreneurial.
During  OCBC&rsquo s Asean-Greater China strategy update in July, Moo said BOS will aim to achieve US$145 billion in assets under management by 2025, and grow its number of relationship managers to 500.
To achieve its goals, he expects to continue hiring across its offices, and growing its three hubs for the year ahead.
&ldquo We are a regional name, and we are a Singaporean bank, but we have big ambitions to be a global investment allocator for clients from the inside out, (and outside in).
&ldquo That&rsquo s where we will continue to differentiate ourselves &ndash not just giving them capability to invest, but also advising them to invest on a global basis outside of Singapore.&rdquo

https://www.worldscientific.com/doi/pdf/10.1142/S1793724812000065

https://616pic.com/sucai/z2riewm4v.html

https://core.ac.uk/download/48678572.pdf

https://616pic.com/sucai/vj9ix2lrz.html

 

usdsgd 1.3625