Why our local banks shld stop wasting resources on China proper

In Banks, China, Investment banking, Temasek on 07/06/2012 at 5:14 am

(Or “Why Temasek’s big bet on Chinese banks makes sense“)

DBS is the 6th largest foreign bank in China proper. It has a strategy of expansion into China. So have UOB and OCBC.

Well, its a tough biz to be in. Non-Chinese banks have only 2% market share. Even HSBC, StanChart and Citi have problems

DBS, OCBC and UOB shld juz not bother abt China.

  1. China currently is being governed by greed,but our government always fantasize itself as being a bridge.
    I agree that we should have a presence in the biggest market on the world,but it would be foolish to pump our citizens’ hard earned money into a deep well.

  2. Why bother with China? I have two words for you…. “Trade Finance”

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