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May 9, 2008
Bank chief was talking about US
I REFER to yesterday's article, 'Two more slow quarters for OCBC ahead, says CEO'.

Our CEO, Mr David Conner, was responding to a journalist's request for his views on how long the downturn in the US economy would last.

Mr Conner's reply was that the US had experienced two quarters of fairly low growth and it was certainly possible this could continue for another two quarters.

The headline gives the misleading impression that Mr Conner was referring to the outlook for OCBC Bank.

Koh Ching Ching (Ms)
Head
Group Corporate Communications
OCBC Bank

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