UOB’s full-year net profit rose by 6% y-o-y to a record $6 billion thanks to strong net fee income and trading and investment income.
Wee Ee Cheong, the deputy chairman and CEO of United Overseas Bank (SGX:U11
) (UOB), bought 200,000 shares via market transaction on Feb 20. The shares were bought at $38.64975 apiece or $7.7 million in total.
Wee’s purchase, which ups his stake in the bank to 10.74% up from 10.73%, came after the bank announced its results for the FY2024 ended Dec 31, 2024, on Feb 19.
