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.
Chart of the day: Budget deficit to hit $3b in FY22
This is on the back of an expected increase in total expenditures and operating expenses.
Chart of the day: Budget deficit to hit $3b in FY22
This is on the back of an expected increase in total expenditures and operating expenses.
Carbon tax hike to leave massive economic impact: banks
Power generation, manufacturing, transport industries will be the most impacted.
UOB prices planned A$900m floating rate notes at 0.72% per annum
Its maturity date will be five years from the date of issue.
UOB net profits jump 40% to S$4.075b in 2021
Wealth management and loan fees hit record highs.
Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21
Among the reasons for the decline is the weaker non-intertest income of banks.
Market update: STI up 0.28%
HongKongLand was seen with the most growth.
Tenant sales in CICT’s downtown malls reach pre-pandemic levels of 85%
UOB Kay Hian said tenant sales will enhance further this year.
Full-year Manufacturing PMI to grow by 4% in 2022: UOB
The growth, however, will be underpinned by buoyant global trade activity.
Singapore releases methodologies on responsible use of AI by financial institutions
The Veritas Consortium also released an open-source toolkit to help with adoption.
How Adani Wilmar’s India listing affects Wilmar International?
The public issue closed on 31 January.
Market update: STI up 2.01%
HongKong Land was seen with the most growth.
2021 GDP growth forecast raised to 7.3%
This is on the back of a 15.5% YoY expansion of industrial production Q4 2021.
UOB projects Budget 2021 deficit at $5.8b
The value is 1.1% of Singapore's GDP.
Headline inflation rises at fastest pace since 2013 at 4%
Elevated prices likely to push MAS to further tighten monetary policy.
UOB Kay Hian lists H1 2022 'overweight' sectors and stocks
The top two sectors were consumer and financials.
Market update: STI Up 0.27%
ThaiBev had the most growth.
UOB to lift income from ASEAN-4 markets by 40% with Citi consumer biz acquisition
Completion of the acquisitions is expected to take place from H2 2022 to Q1 2024.
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