United Overseas Bank (UOB)

Broker's Calls

Special dividend from DBS, share buyback programme by UOB in CGSI’s forecasts ahead of FY2024 results

DBS will announce its results on Feb 11, followed by UOB on Feb 19 and OCBC on Feb 26.

Environmental, Social and Governance

NUS tokenises green bond data with support from Northern Trust, UOB

Conducted as part of the Monetary Authority of Singapore’s Project Guardian, Northern Trust will use its Matrix Zenith digital assets platform to mint and hold a green bond reporting token.

Broker's Calls

Morningstar raises target prices on all three Singapore banks by 3%-6%

The Fed may be more likely to hold than to cut US interest rates, and this shift in stance may help maintain margins.
‘Accumulate’ all three local banks, but Phillip Securities prefers OCBC, UOB - THE EDGE SINGAPORE

Broker's Calls

‘Accumulate’ all three local banks, but Phillip Securities prefers OCBC, UOB

Non-interest income will provide a boost in 2025; the banks expect fee income to continue their strong growth from the sustained shift in investor sentiment.
UOB appoints Leong Yung Chee as new Group Chief Financial Officer - THE EDGE SINGAPORE

Banking & finance

UOB appoints Leong Yung Chee as new Group Chief Financial Officer

UOB appoints Leong Yung Chee as new Group CFO. Outgoing Group CFO Lee Wai Fai will continue to oversee the Corporate Real Estate and UOB AM.

Broker's Calls

Jefferies raises target prices, EPS forecasts on Singapore’s three banks, assumes $2 bil buybacks each next year

Jefferies analysts have upgraded UOB and OCBC to “buy”, in line with DBS.

Broker's Calls

Brokers’ Digest: SingPost, LHN, IHH Healthcare, UOB, CSE Global, Centurion, Sembcorp, Nanofilm, Zixin

Here's what the analysts have to say about these counters this week.

Broker's Calls

‘Buy’ UOB with $2 bil share buyback expected at FY2024 results, says DBS

Meanwhile, DBS Group Research has a “hold” call on OCBC as it “awaits more clarity on capital management plans”.
UOB ‘making steady progress’ on upcoming fintech lab in SIT Punggol - THE EDGE SINGAPORE

Banking & finance

UOB ‘making steady progress’ on upcoming fintech lab in SIT Punggol

SIT’s president had said earlier that the two parties were “still in discussions”, more than a year after an MOU had been signed.

Banking & finance

UOB to grow organically through seamless connectivity

Read excerpts from The Edge Malaysia’s interview with UOB deputy chairman and CEO Wee Ee Cheong.
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