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United Overseas Bank (UOB)
Zest
Banks look to a digital future; wealth management to support growth
(Nov 18): On Nov 14, 11 banks in Hong Kong, including HSBC, OCBC Wing Hang and DBS Hong Kong, announced branch closures because of the protests in the Special Administrative Region. The South China Morning Post reported on Nov 13 that 250, or 19%, of Hong
November 15, 2019
Fintech
Singapore fintech firms grabs more than half of funding in Asean: Report
SINGAPORE (Nov 12): Financial technology firms in Singapore continue to grab the lion’s share of funding in Asean, according to a report by United Overseas Bank (UOB), PwC and the Singapore FinTech Association (SFA).
November 12, 2019
Yield watch
Slowing economy and flat earnings turn banks into yield plays
(Nov 11): Amid a slowing economy, banks are being increasingly looked upon as yield plays. A Goldman Sachs report last month said real estate investment trusts had outperformed the Singapore MSCI Index by 16% so far this year, owing to the sustainability
November 08, 2019
Results
UOB registers 8% higher net earnings of $1.12 bil in 3Q
SINGAPORE (Nov 1): United Overseas Bank posted a positive set of results for the 3Q19 and 9M19 ended Sept 30, driven by strong income growth from across all its business segments.
November 01, 2019
Investing ideas
Watch out for these high yielding blue chip stocks
SINGAPORE (Oct 7): Property group Hongkong Land has climbed into KGI Securities' high dividend watchlist after a recent sell-off, as the research house made "key changes" to its watchlist.
October 07, 2019
Broker's Calls
Singapore banks poised to deliver dividend yields among highest across region, says Maybank
SINGAPORE (Sept 26): Maybank Kim Eng Research forecasts that the Singapore banks will deliver a dividend yield of 5.2% for FY2020E – among the highest in the region.
September 26, 2019
Finance
SGX's sustainability push helps secure win; DBS records highest shareholders' return
SINGAPORE (Sept 16): With an overall score of 40.41 points, the Singapore Exchange has emerged as the finance sector winner of The Edge Singapore’s Billion Dollar Club award. The stock exchange operator beat the three local banks — DBS Group Holdings,
September 13, 2019
Family business
UOB launches 'The Business Circle' to help next-generation leaders of family businesses fast track growth
SINGAPORE (Sept 11): United Overseas Bank (UOB) on Wednesday launched The Business Circle, an initiative to prepare the next generation leaders of Asia’s family-led firms to run their businesses.
September 11, 2019
Investing ideas
Recession fears a temporary setback, local banks should rise in long term
SINGAPORE (Sept 2): Looking beyond current global economic uncertainties, the fact remains that the stock market usually rises in the very long term. The local banks are a good example. Once proxies to GDP growth in Singapore and Malaysia, they now reflec
August 30, 2019