Business
DBS, OCBC and UOB expected to post flat or weaker Q3 earnings as margins narrow
Focus will be on whether stronger wealth and trading income can cushion lending slowdown Singapore’s three local banks are set to deliver…
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UOB
Business
DBS, UOB, OCBC keep an eye on risks while banking on tokenised assets for the future
Hurdles such as a talent shortage and regulations stand in the way of local banks Singapore banks are accelerating their push into asset…
Business
DBS, UOB, OCBC eye risks while banking on tokenised assets for the future
Singapore banks are accelerating their push into asset tokenisation, but they are wary of regulatory and talent hurdles. Take DBS, for…
Business
DBS, UOB, OCBC lead dividend growth as Singapore companies pay out US$8.2 billion in H1
DBS was among the top 13 banking contributors to H1 dividend growth, says Capital Group The three local banks led dividend growth in…
Business
Stocks to watch: UOB, OUE Reit, Keppel Pacific Oak US Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 30): UOB: The bank announced on…
Business
UOB taps rising Johor spend with cross-border rewards redemption scheme for Singapore cardholders
This comes as spending by the bank’s Singapore credit card customers in Malaysia has risen Singapore UOB cardholders can now redeem…
Business
Singapore UOB Raises Vietnam's 2025 Growth Forecast to 7.5%
The Vietnam News Agency said on Thursday, September 18, that Singapore's United Overseas Bank (UOB) increased its 2025 GDP growth…
Business
DBS’ continued run-up leaves peers OCBC, UOB in the dust
South-east Asia’s biggest banking group widens gap with peers UOB and OCBC Source link
Business
UOB Private Bank the first to distribute Asia-focused private equity evergreen fund
The move caters to rising demand from rich investors for private assets that offer a measure of liquidity UOB, South-east Asia’s…
News
Malaysian Man, 20, Arrested After UOB Staff Expose Government Official Impersonation Scam in Singapore
A 20-year-old Malaysian man was arrested for his suspected involvement in a case of government official impersonation scam ("GOIS"). The…
Business
UOB partners edtech player to teach digital skills to 90,000 Indonesian students
UOB has partnered with Indonesian edtech platform Ruangguru to give 90,000 students in the archipelago access to digital learning tools…
Business
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Business
Stocks to watch: UOB, SGX, Genting, Sembcorp, Singapore Land, Riverstone, Daiwa, BHG Retail
The following companies saw new developments that may affect trading of their securities on Friday (Aug 8): UOB: Trade loans are expected…
Business
UOB resumes guidance for FY2025 with trimmed forecasts amid Q2 earnings miss
UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now…
Business
UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported
Shares of UOB fell by more than 2 per cent on Thursday (Aug 7), on the back of the local bank’s second-quarter results, which saw a 6 per…
Business
Stocks to watch: DBS, UOB, Yangzijiang Shipbuilding, Sats, Venture Corp, Straits Trading
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 7): DBS: The local bank on…
Business
UOB Q2 profit falls 6% to S$1.34 billion
A second tranche of the lender’s 50 cents special dividend will also be paid out UOB’s net profit for the second quarter fell as net…
Business
UOB Q2 profit falls 6% to S$1.34 billion; misses expectations
Declares interim dividend of S$0.85 per share; a second tranche of the lender’s S$0.50 per share special dividend will also be paid out…
Business
UOB trims One Account interest rate again; maximum 2.5% per annum on first S$150,000
UOB is cutting interest rates on its flagship savings account, the One Account, for the second time in 2025. With effect from Sep 1, the…
Business
DBS, OCBC, UOB Q2 results likely to be weighed down by lower interest rates
The trio of local banks will likely post weaker results for the second quarter of 2025, weighed down by lower net interest income from…
Business
UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck…
Business
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering related breaches,…
Business
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27.5 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering (AML) related…
Business
UOB Thailand, Frasers Property team up to help companies expand in Asean
UOB Thailand and Frasers Property Industrial Thailand have signed a strategic memorandum of understanding (MOU) on Wednesday (Jul 2) to…