Overseas-Chinese Banking Corp. or OCBC (SGX:O39) is aiming to integrate its securities business under its stockbroking subsidiaries into the bank's Global Markets division, effective July 1, according to a company release on Wednesday.
The move has been made to leverage its securities capabilities to serve a major chunk of customers across the group.
The stockbroking subsidiaries include OCBC Securities, OCBC Securities Brokerage (Hong Kong), and PT OCBC Sekuritas (Indonesia).