Singapore's United Overseas Bank sees South East Asia as haven.

BANKING AND CREDIT NEWS-May 30, 2019--Singapore's United Overseas Bank sees South East Asia as haven

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Global Banking News - 30 May 2019

Singapore-based United Overseas Bank (UOB) has said that South East Asia would act as a haven for the bank during difficult times prompted by the current trade war.

The bank's CEO, Wee Fe Cheong, said that the firm is focussing on South East Asia to attenuate the effect of the US-China trade war on its home markets. He added that unlike peers, the firm is not focussing entirely on Hong Kong and added that...

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