Sold To and Merged With DBS Bank
In 2001, Singaporean DBS Bank acquired and privatized Dao Heng Bank, together with OTB, from Guoco Group. In 2003, DBS Bank merged DBS Kwong On Bank, Dao Heng Bank and Overseas Trust Bank to form DBS Bank (Hong Kong) Limited.
Read more about this topic: Overseas Trust Bank
Famous quotes containing the words sold to, sold, merged and/or bank:
“The rich man ... is always sold to the institution which makes him rich. Absolutely speaking, the more money, the less virtue.”
—Henry David Thoreau (1817–1862)
“There is thy gold—worse poison to men’s souls,
Doing more murder in this loathsome world
Than these poor compounds that thou mayst not sell.
I sell thee poison; thou hast sold me none.”
—William Shakespeare (1564–1616)
“The mere existence of conscience, that faculty of which people prate so much nowadays, and are so ignorantly proud, is a sign of our imperfect development. It must be merged in instinct before we become fine.”
—Oscar Wilde (1854–1900)
“on a May morwening upon Malverne hilles
Me befel a ferly, of fairye me thoughte;
I was wery ofwandred and wente me to reste
Under a brod bank by a bournes side;
And as I lay and lenede and lookede on the watres,
I slomerede into a sleeping, it swyede so merye.”
—William Langland (1330–1400)