UOB
DBS, OCBC, UOB swell to almost half of ST Index after recent run-up
This comes after the share prices of DBS and OCBC hit new highs, with DBS comprising about a fifth of the benchmark index’s market capAFTER a strong performance this...
Possible CEO changes at DBS, UOB should be seen as positive
While change involving a long-serving leader is tricky, the banks are well placed to handle successionCHANGE occurred at the apex of Singapore’s financial sector when Chia Der Jiun succeeded...
UOB Thailand appoints new chief executive
UOB : U11 0% appointed Richard Maloney as the new chief executive of its Thailand operations, effective Jul 1. Maloney will succeed Tan Choon Hin, who will return to...
DBS, UOB, OCBC’s Q1 outperformance lifts optimism for 2024 profits
THE chief executives of the three local banks – DBS, UOB and OCBC – were noticeably more optimistic at their respective earnings briefings for the first quarter ended March,...
UOB awards Wong Kan Seng over S$400,000 in shares
UOB has awarded its chairman, Wong Kan Seng, over S$400,000 in shares, the bank said in a bourse filing on Wednesday (May 8). It was part of a total...
UOB CEO ‘cautiously optimistic’ on 2024; Q1 profit down 1.6% to S$1.49 billion
UOB chief executive Wee Ee Cheong is “cautiously optimistic” on the bank’s outlook for 2024 given the growth potential in South-east Asia, even as higher-for-longer interest rates and a...
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (May 8):
UOB Q1 profit down 1.6% to S$1.5 billion
UOB : U11 0% on Wednesday (May 8) reported a net profit of S$1.49 billion for its first quarter ended Mar 31, 2024, down 1.6 per cent from S$1.51...