Welcome!
United Overseas Bank Limited (UOB)
Broker's Calls
Analysts mostly keep estimates on UOB after 2QFY2024 core net profit stood within expectations
Analysts have all kept their "buy", "hold" and "sell" calls after UOB's 2QFY2024 results.
August 16, 2024
Digital Economy
MAS, banks and tech companies to jointly work on quantum security
MAS and participating banks will experiment with Quantum Key Distribution (QKD) solutions jointly provided by SPTel and SpeQtral.
August 14, 2024
Broker's Calls
Brokers' Digest: UOB, Dyna-Mac, Sheng Siong, ST Engineering
Here's what the analysts have to say this week.
July 25, 2024
New appointments
UOB’s Susan Hwee to become new head of group retail, Lawrence Goh appointed as new head of group tech and operations
Outgoing head of group retail, Eddie Khoo will become senior advisor to UOB Vietnam.
July 24, 2024
Global Economy
Briefs: Biden faces mounting pressure; Singapore stocks jump to two-year high; Google’s emissions higher due to AI
In other news, tokenisation, AI and quantum computing are the best prospects for transforming finance, says Ravi Menon.
July 04, 2024
Markets
Singapore stocks jump to two-year high as DBS, OCBC hit records
Shares of DBS Group Holdings Ltd. climbed 2.3% and Oversea-Chinese Banking Corp. added 1.2%, with both extending record highs.
July 03, 2024
Broker's Calls
CGSI stays ‘neutral’ on Singapore banks although steeper-than-expected rate cuts may see sequential drop in earnings
PhillipCapital remains “overweight” on the sector as Singapore interest rates inch up.
June 06, 2024
Broker's Calls
Analysts keep ‘buy’ and ‘hold’ calls on UOB after 1QFY2024 earnings exceed expectations
Analysts from Maybank, OCBC and RHB have increased their target price estimates.
May 13, 2024
Banking & finance
UOB upbeat on higher fees, delayed rate cuts and Asean focus
UOB reported a 1QFY2024 core net profit of $1.6 billion, up 5% q-o-q but down 1% y-o-y.
May 09, 2024
Singapore news
DBS remains as Singapore’s most valuable brand, while MBS becomes strongest brand in 2024
This year, DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.
May 07, 2024