Business
AI is changing banking jobs, forcing a rethink of skills: UOB’s innovation head
Lenders must ensure employees can adapt to technology in a ‘comfortable’ way, Lee Zhu Kuang says Lee Zhu Kuang describes himself as a…
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UOBs
Business
UOB’s Sydney branch prices A$2 billion in five-year notes
UOB’s Sydney branch has priced a combined A$2 billion (S$1.7 billion) in two tranches of five-year senior unsecured notes, comprising…
Business
How UOB’s Wee Ee Cheong masters the long game
WEE Ee Cheong, the third-generation UOB chief, recently posed a question to AI: what will UOB’s market capitalisation be in ten years? The…
Business
UOB’s S$885 million allowance build-up ‘prudent’ despite Q3 profit hit: analysts
UOB’s S$885 million move to shore up its allowances is a “prudent” step that brings its provision ratios in line with those of DBS and…
Business
UOB’s nearly S$1 billion in extra allowances akin to ‘buying insurance’: CEO Wee Ee Cheong
UOB’s decision to increase allowances by almost S$1 billion – which led net profit to tumble by more than two thirds – for the latest…
Business
In a world of AI, UOB’s future playbook begins with its people
The bank hopes to develop rather than displace jobs as it upskills its workforce across South-east Asia Ivan Aw’s first three months in…
Business
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to…
Business
Manage risks in commodity financing by bracing for constant uncertainty: UOB’s Lim Chen Chen
Commodities have become more strategic than ever, says UOB’s group head of structured trade and commodity finance FOR Lim Chen Chen, UOB’s…