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Oversea Chinese Banking Corp (OCBC)
Banking & finance
OCBC to stop Russia-linked transactions to cut risk
This new measure covers all OCBC units including its private banking segment, as it sees more complex regulatory landscape regarding Russia.
October 09, 2024
Tong's Portfolio
Finally, we are investing again — added six stocks with high, resilient dividend yields
A key factor would be whether dividends are sustainable, for instance, in the event of a global economic slowdown or recession.
November 30, 2023
Banking & finance
Singapore banks primed for headwinds after earnings beat
SINGAPORE (Aug 2): Singapore banks delivered second-quarter profit that beat analysts’ estimates, indicating they are well placed to weather mounting pressures from a global economic slowdown and falling interest rates.
August 02, 2019
Company in the news
As earnings fall, UE's shareholders bemoan sale of shares and lack of progress since change of board
SINGAPORE (July 15): Towards end-June, a long-term United Engineers shareholder who has held his shares for more than 15 years, lamented the condition of UE BizHub City, the former UE Square, on Clemenceau Avenue.
July 12, 2019
1MDB Watch
In 1MDB corruption case, stakes are high for financial institutions
SINGAPORE (July 9): When Singapore was unceremoniously kicked out of Malaysia in 1965, the tiny island nation was forced to find a way to survive and thrive. Former prime minister Lee Kuan Yew took inspiration from another small nation: the landlocked Swi
July 08, 2018
OCBC lifts the veil on $240 mil purpose-built regional data centre design to withstand attacks
SINGAPORE (Mar 19): OCBC Bank has lifted the veil on a purpose-built regional data centre that it fully owns and operates, with sufficient capacity to meet surging needs for the next 30 years.
March 19, 2018
Fintech
Can Singapore banks stand up to the cryptocurrencies challenge?
SINGAPORE (Nov 27): Changes are afoot in the banking industry amid a proliferation of cryptocurrencies. However, UOB Kay Hian believes the Monetary Authority of Singapore (MAS) is unlikely to pursue policies that will undermine the strong positioning of S
November 27, 2017
Beware Singapore banks’ ‘value trap’
SINGAPORE (Sept 7): Maybank Kim Eng on Wednesday warned against falling into the “value trap” presented by Singapore banks, which are trading at or below book value.
September 07, 2016
Singapore banks can withstand sharp fall in property prices: Fitch
SINGAPORE (Aug 31): Singapore banks are strong enough to withstand a downturn in the city-state's property market as severe as the 45% plunge in private-home prices triggered by the 1997-1998 Asian financial crisis, says Fitch ratings agency.
August 31, 2016
Here’s why Morgan Stanley is cautious on Singapore banks
SINGAPORE (Aug 10): Singapore’s banks are in for a rough time, says Morgan Stanley.
August 10, 2016