OCBC Folds Regional Securities Units into Global Markets
OCBC will integrate its Singapore, Hong Kong and Indonesia brokerages into Global Markets on 1 July, targeting larger institutional flows.
Singapore-based OCBC will transfer its three stock-broking subsidiaries, OCBC Securities (OSPL) in Singapore, OCBC Securities Brokerage (Hong Kong) (OSBHK), and PT OCBC Sekuritas Indonesia (PTOS), into the bank’s Global Markets division on 1 July 2025, a move designed to deepen its reach among high-net-worth and institutional investors.
The restructuring places equities alongside OCBC’s existing foreign-exchange, rates, and credit desks, giving Global Markets end-to-end oversight of the full suite of market products, the bank informed on Wednesday.
«Segment Agnostic» Product Group
All employees will keep their current roles, and client trading platforms such as iOCBC will operate as usual, ensuring continuity for retail clients who have made OSPL one of Singapore’s top three brokers by trading volume for the past decade.
By housing securities inside a «segment-agnostic» product group, OCBC aims to craft more holistic wealth propositions for affluent customers while simultaneously unlocking primary-market and execution opportunities for corporates, hedge funds, and other wholesale clients across its regional network.
Talent Hire
Kenneth Lai, Head of Global Markets, will assume oversight of the enlarged franchise and become Chairman of OSPL’s board. Wilson He remains Managing Director of OSPL and will report to Lai. The bank intends to hire additional talent to expand its institutional-grade capabilities.
Management sees the timing as opportune: Singapore’s Monetary Authority announced a S$5 billion programme in February to bolster liquidity in SGX-listed stocks, Hong Kong remains a key conduit into Greater China, and global funds are showing renewed interest in Indonesia’s long-term equity story.
