Daily Archives: 2016-04-08

Imposed veil of secrecy may lead to further questions and speculation

By Ghui Health Minister Gan Kim Yong has declined to name the individuals that were responsible for the Hepatitis C outbreak in Singapore General Hospital (SGH) last year. While I appreciate that a blame culture would be counterproductive to trying to improve service standards, it is important to note that there is a fine line between blame and accountability. The …

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OCBC buy Barclays’ wealth units in HK and SG, USDJPY rebound after free fall

By Margaret Yang, CMC Markets Equities – In contrast to foreign banks which are cutting headcounts in Asia, Singapore’s local banks emerged to become “deep-pocket” buyers. On 7th Apr, Bank of Singapore (BOS) – the wholly owned private banking subsidiary of OCBC bank – has bought Barclay’s private wealth unit in Hong Kong and Singapore for a price of 1.75% …

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