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NAB sells Asian private wealth arm

National Australia Bank is divesting its private wealth business in Singapore and Hong Kong to Oversea-Chinese Banking Corporation in a move that will simplify its Asian operations.

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Read more: Hong KongNABSingaporeNational Australia BankOversea-Chinese Banking CorporationANZAsia ex-Greater China Neil ParekhBrisbaneMelbourneNa Wu BengNew ZealandOCBC BankSydneyUKVietnamWing Hang Bank