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.
Singaporean banks roll out face verification for digital token setup
Singaporean banks roll out face verification for digital token setup
It is expected to make it harder for scammers to take over a customer’s DT.
Banks must expand net zero targets, set clearer O&G goals: org
Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.
Over 1 in 4 youths are financially unprepared: UOB study
There are 26% of Gen Zs who don’t follow MAS’ rule of thumb.
UOB seeks to be ASEAN's top cross-border trade bank by 2026.
It aims to be the number 1 cross-border trade bank in ASEAN.
OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN
Multinationals are likely to hasten their ASEAN expansion.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
UOB’s net profit stable at S$2.91b in H1; interim dividend is 88 cents
Income growth and lower allowances were offset by one-off integration costs.
Fees lift Singapore banks’ Q2 profits
But their Q2 profits are likely to be lower compared to Q1, analysts said.
UOB names Susan Hwee as head of group retail
Eddie Khoo to retire; Lawrence Goh is new head of GTO.
UOB secures major wins at ABF Wholesale Banking Awards 2024
UOB excels in AI, Digital Transformation, and Health & Wellness, showcasing its leadership in innovation and its dedication to comprehensive employee well-being.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
UOB Indonesia’s privilege banking clients granted free access to airport lounges
Customers can get up to 10 complimentary passes annually.
UOB winds down digital credit assessment subsidiary
It had promised to invest S$12m on Avatec when it launched in 2018.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
UOB Thailand ushers in new CEO
Richard Maloney will begin his role on 1 July.
UOB poised to benefit from growth of SEA's mass affluent segment
UOB has woven partnerships with privilege banking to appeal to the segment.
Loan growth & higher fees prop up Singapore banks’ earnings in Q1
DBS’ and OCBC’s DPS are likely to rise in H2.