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Riding on the late stage of the economic cycle

Riding on the late stage of the economic cycle

  • 28 Jan 2019

OCBC Bank (Malaysia) Berhad (OCBC Bank) recently hosted 400 of its high net worth customers – under their OCBC Premier Private Client banner – to a dialogue with the experts on the global markets, in particular the US, as the world enters the late stages of the current economic cycle.

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(L-R): Mr Michael Lai, Vice President, Wealth Management, OCBC Bank; Mr Richard Jerram, Chief Economist, Bank of Singapore; Mr Lim Wyson, Head of Consumer Financial Services, OCBC Bank; Dr Ong Kian Meng, Deputy Minister of International Trade & Industry; Dato’ Ong Eng Bin, CEO of OCBC Bank and Ms Anne Leh, Head of Branch Distribution & Premier Banking.

Titled “Riding on the late cycle,” the panellists included guest speaker Dr Ong Kian Meng, Deputy Minister of International Trade & Industry; Mr Richard Jerram, Chief Economist, Bank of Singapore; and Mr Michael Lai, Vice President, Wealth Management, OCBC Bank. They covered a range of subjects including insights into the state of the global markets and what to expect after the rollercoaster ride that was 2017 and 2018. The event was moderated by award-winning former radio and TV anchor Mr Mark Laudi.

Commenting on the event, OCBC Bank Head of Branch Distribution & Premier Banking Ms Anne Leh said the Bank’s Premier Private Clients are now better prepared to face markets after the correction and will be more mindful of the spill-over risks from 2018.

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(L-R): Mr Richard Jerram, Chief Economist, Bank of Singapore; Mr Michael Lai, Vice President, Wealth Management, OCBC Bank; Dr Ong Kian Meng, Deputy Minister of International Trade & Industry (all three panellists); with event moderator, award-winning former radio and TV anchor Mr Mark Laudi.

“The panelists insights on investment themes for the year and their healthy assessment of the global economy and Malaysia provided a significant level of comfort and direction to our clients as they go about engaging with the global markets. The response to and appreciation of what they heard took on both an appreciative and reassured tone,” she said.


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