SINGAPORE (June 3): Consolidation of Singapore's brokerage industry might resume again.
PhillipCapital, one of the largest local brokerages around, was in talks to buy the Singapore operations of RHB Securities, a subsidiary of Malaysian bank RHB, sources said.
The acquirer, under executive chairman Lim Hua Min, is the largest non-bank-backed securities firm ... (click on link for full story on theedgesingapore.com).