UOB
DBS, UOB, OCBC return surplus capital with over S$700 million of buybacks
[SINGAPORE] In the first five months of 2025, 63 primary-listed Singapore companies conducted share buybacks through open market acquisitions, spending a total of S$930 million – an 84% jump...
DBS, OCBC and UOB brace for tariff fallout despite steady Q1 results
[SINGAPORE] Uncertainty from US tariffs loomed large as Singapore’s three local banks reported their first-quarter results over the past week.The macroeconomic jitters were significant enough for UOB to suspend...
DBS, OCBC, UOB set aside extra allowances to account for heightened uncertainty
[SINGAPORE] The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment.DBS, OCBC and UOB each said this...
UOB halts earnings guidance amid macro uncertainties, but remains ‘committed’ to S$3 billion capital return plan
[SINGAPORE] Singapore’s third-largest lender UOB will suspend its 2025 earnings guidance, with plans to resume this once the macroeconomic situation stemming from US tariffs stabilises.At the same time, the...
UOB not ‘overly alarmed’ by US tariff situation, impact unlikely to match Covid-era: Wee Ee Cheong
[SINGAPORE] A strong balance sheet and capital base will help UOB navigate uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking at...
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
[SINGAPORE] A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking...
Stocks to watch: UOB, Sats, FLCT, Aims Apac Reit, Acrophyte Hospitality Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 7).UOB: The bank’s net profit for its first quarter was flat amid...