On 1 April 2014, Singapore's OCBC Bank announced its offer to acquire all the issued shares

of Wing Hang Bank Limited in Hong Kong at a price of HK$125 per share. Wing Hang Bank

was the 4th largest mid-sized bank in Hong Kong by gross loans at the time, and its strengths

lay in SME, automobile and equipment financing, and mortgage and tax loans. Wing Hang

Bank also owned a network of branches both in Macau and mainland China which OCBC

Bank had hoped to leverage on to deepen OCBC's presence in the Greater China region.

The acquisition was completed in July at $6.23 billion Singapore Dollars, and on 1 October

2014, Wing Hang Bank was rebranded as OCBC Wing Hang to reflect its integration into the

OCBC group.

Identify at least four (4) financial risks faced by OCBC Bank group that might be impacted

by the acquisition. For each risk, assess the possible impact and appraise strategies for

measurement and management of such risks.