UOB
UOB is a bank in Asia that provides a wide range of financial services such as personal financial services, private banking, business banking, commercial and corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, brokerage and clearing services, asset management, venture capital management and insurance.
See below for the Latest UOB News, Analysis, Profit Results, Share Price Information, and Commentary.
Mixed views on MAS policy for 1H25 as Singapore faces inflation and growth risks
Mixed views on MAS policy for 1H25 as Singapore faces inflation and growth risks
In Q3, the economy grew faster at 4.1% YoY.
UOB’s Better U Pivot programme to reskill employees for new bank roles
It also aims to address growth areas like risk and compliance, sales, and customer experience.
ZTS Holdings raises stake in GS Holdings to 14.34%
Total consideration paid for the shares was $120,601.66.
Vividthree Holdings taps UOB Kay Hian as its new continuing sponsor
UOB Kay Hian replaces RHT Capital.
Experts predict continued Fed rate cuts to boost REITs until 2026
REITs have rally potential and could catch up with global peers due to attractive yield spreads.
UOB extends takeover offer for Silverlake Axis shares to 21 October
UOB said that the offer is final and there will be no increase in the offer consideration.
Experts split on October policy move following core inflation increase
MAS core inflation expanded to 2.7% YoY in August.
Singaporean banks roll out face verification for digital token setup
It is expected to make it harder for scammers to take over a customer’s DT.
Economists optimistic about NODX rebound despite August contraction
NODX fell 4.7% MoM in August.
Expert warns of constrained retail growth as tourism receipts normalise
Retail sales remained weak in July, with a modest 1.0% YoY rise.
SBF, UOB, Rajah & Tann, and RSM partner to support local firms' ASEAN growth
The partners will collaborate on three areas.
CapitaLand India Trust issues $150m notes due 2027
The notes are expected to be issued on 30 August 2024.
Manufacturing growth expected to pick up in Q4 2024, led by electronics
In July, output grew by 1.8% YoY.
Economists mixed on MAS's next move amid stable July inflation
Inflation was unchanged at 2.5% YoY.
UOB initiates offer to buy out Silverlake Axis shareholders
Shareholders can either receive $0.36 in cash or $0.30 and a new type of share.
Over 1 in 4 youths are financially unprepared: UOB study
There are 26% of Gen Zs who don’t follow MAS’ rule of thumb.
MAS partners with banks, tech on quantum security enhancement
The central bank also launched a grant scheme to fund quantum projects.
Commentary
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