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United Overseas Bank
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Expect shareholder returns to rise in next decade despite slowdown in short-term growth
In the past 10 years, the local banks have given investors decent returns. DBS Group Holdings’ total shareholder returns stand at 157%, or a compound annual growth rate of 9.9%. Oversea-Chinese Banking Corp (OCBC) has returned 84.6% in the past decade,
December 20, 2019
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Analysts downbeat about 3QFY2019 banks' results
SINGAPORE (Oct 29): United Overseas Bank is due to report 3QFY2019 earnings on Nov 1, Oversea-Chinese Banking Corp on Nov 5 and DBS Group Holdings on Nov 11.
With the US Federal Reserve cutting the Fed Funds Rate twice this year, the banks’ net in
October 29, 2019
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New digital bank models to lower compliance and other costs as local banks extend lead
(Sept 23): Earlier this year, DBS Group Holdings received a thank-you note from a digibank customer in India. A self-employed customer was looking for financial aid towards the end of the Muslim holy month of Ramadan. “My children wanted new clothes for
September 20, 2019
Singapore Fintech Festival 2017
UOB to offer SAP business software to SME customers
SINGAPORE (Nov 17): United Overseas Bank and SAP are jointly offering the SAP Business One software to the bank’s small and medium-sized enterprise customers, as part of the bank’s UOB BizSmart offering.
November 17, 2017
Simulation model projects loss of 37% if war breaks out
(Sept 11): In the wake of destruction wrought by Hurricane Harvey in Texas, the US is set for another storm. Hurricane Irma, which is said to be one of the most powerful Atlantic hurricanes ever, is expected to hit Florida this weekend. At the same time,
September 08, 2017
CNMC results disappoint again; Second Chance added to portfolio
(Aug 21): Corporate earnings for 2Q2017 were not great. Of the Straits Times Index’s 30 component companies, 14 missed market expectations, while 11 outperformed, says Margaret Yang, an analyst at CMC Markets, citing Bloomberg data. The remaining five c
August 19, 2017
Why SPH needs to restructure itself
(June 27): The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The
June 27, 2017