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Former OCBC Bank in South Bridge Road, Singapore.. On 31 October 1932, three banks – Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919) – merged and consolidated their strengths to form Oversea-Chinese Banking Corporation under the leadership of Hoklos Tan Ean Kiam (co-founder and managing director of Oversea-Chinese Bank) [15] [16] and Lee Kong Chian, who ...
Print/export Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide. OCBC may refer to: OCBC Bank (Oversea-Chinese ...
OCBC Bank (Hong Kong) Limited, formerly Wing Hang Bank Limited and OCBC Wing Hang Bank Limited, is a licensed bank with its head office in Hong Kong. Since 15 October 2014, Wing Hang Bank has been a wholly-owned subsidiary of the Oversea-Chinese Banking Corporation (OCBC) headquartered in Singapore . [ 4 ]
As of December 2013, [45] [46] [47] the EU institutions also started the technical process to approve a new Bank Recovery and Resolution Directive, with entry into force on 1 January 2015, [48] which also outlined the requirement of an extra crisis-management capital buffer, referred to as Minimum Requirement for own funds and Eligible ...
[8] [14] In 1992, the Grand Council of Geneva passed a resolution of principle in favour of a merger of the two establishments; the citizens of the city later approved the project in 1993 after a vote. [8] [14] The Banque Cantonale de Genève was founded on 1 January 1994. [14]
With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insistence for a vote. "Voting has long been recognized as one of the primary rights of shareholders."
In business or commercial law in certain common law jurisdictions, an ordinary resolution is a resolution passed by the shareholders of a company by a simple or bare majority (for example more than 50% of the vote) either at a convened meeting of shareholders or by circulating a resolution for signature.
Resolutions are often preceded by "Whereas..." clauses that express reasons or justifications for the ensuing resolution. In law, a resolution is a motion, often in writing [note 1], which has been adopted by a deliberative body (such as a corporations' board and or the house of a legislature). An alternate term for a resolution is a resolve.