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Oversea-Chinese Banking Corp
Insider moves
Pan-United maintains buybacks; OCBC tightens hold over Great Eastern
As at Dec 31, 2022, Pan-United's net asset value stood at 30.3 cents
June 22, 2023
Zest
Great Eastern Holdings free float falls further with OCBC acquiring 2.3 million shares
OCBC snaps up 2.3 million shares in Great Eastern Holdings taking its stake to 88.4%
June 19, 2023
Regulatory Action
MAS imposes 5-year prohibition order on 6 former Great Eastern agents
They reduced their income taxes by $124,6481 for the 2018 and 2019 years of assessment.
June 01, 2023
Right Timing
No sustained recovery yet for banks and financial institutions
DBS and UOB's share prices could be headed lower providing long term investors an opportunity to accumulate
June 30, 2022
Global Markets
PhillipCapital's Chew picks banks, Singtel and coal plays
Banks will benefit from higher rates; coal miners will see support from new buying by the Europeans
June 09, 2022
Zest
Banks’ results: interest rate trends positive for net interest income, despite impact on HQLA and headwinds
Banks expect positive impact on net interest income from rising rates despite inflationary pressures
April 29, 2022
Results
Almost in sync, all three Singapore banks report y-o-y earnings drop of 10% for 1QFY2022
All three Singapore banks have reported a 10% y-o-y drop for their 1Q earnings
April 29, 2022