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Tag: United Overseas Bank Ltd

Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%

Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%

November 5, 2023November 5, 2023 · Banking

DBS branch in Hong Kong. Budrul Chukrut | SOPA Images, LightRocket | Getty Images Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on…

Read more Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike

Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike

July 27, 2023July 29, 2023 · Banking

Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight. UOB’s core…

Read more Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Tech’s been hit by layoffs. But Singapore is still investing big in its talent — in tech and beyond

Tech’s been hit by layoffs. But Singapore is still investing big in its talent — in tech and beyond

May 8, 2023May 8, 2023 · Business

Demand for individuals with specialized tech talent isn’t limited to the tech sector, says Singapore’s Infocomm Media Development Authority. Jimmyfam | E+ | Getty Images Singapore hasn’t been…

Read more Tech’s been hit by layoffs. But Singapore is still investing big in its talent — in tech and beyond
We expect Singapore’s banking trio to report growth in net interest income, says strategist

We expect Singapore’s banking trio to report growth in net interest income, says strategist

February 22, 2023February 22, 2023 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Asia Geoff Howie, markets strategist at the Singapore Exchange, discusses the earnings releases…

Read more We expect Singapore’s banking trio to report growth in net interest income, says strategist
Singapore’s digital banks dangle incentives to win new customers — is it sustainable?

Singapore’s digital banks dangle incentives to win new customers — is it sustainable?

February 20, 2023February 20, 2023 · Banking

Singapore’s new digital retail banks are offering lower fees, more incentives and waiving minimum account balances to win over customers from traditional banks. But how viable is this…

Read more Singapore’s digital banks dangle incentives to win new customers — is it sustainable?
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