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.

Experts predict continued Fed rate cuts to boost REITs until 2026

REITs have rally potential and could catch up with global peers due to attractive yield spreads.

UOB extends takeover offer for Silverlake Axis shares to 21 October

UOB said that the offer is final and there will be no increase in the offer consideration.

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.

Expert warns of constrained retail growth as tourism receipts normalise

Retail sales remained weak in July, with a modest 1.0% YoY rise.

CapitaLand India Trust issues $150m notes due 2027

The notes are expected to be issued on 30 August 2024.

UOB initiates offer to buy out Silverlake Axis shareholders

Shareholders can either receive $0.36 in cash or $0.30 and a new type of share.

Over 1 in 4 youths are financially unprepared: UOB study

There are 26% of Gen Zs who don’t follow MAS’ rule of thumb.

MAS partners with banks, tech on quantum security enhancement

The central bank also launched a grant scheme to fund quantum projects.

UOB seeks to double wealth AUM, trade loans by 2026

It aims to be the number 1 cross-border trade bank in ASEAN.

Manufacturing and trade sectors set to drive economic growth in 2H24

Experts predict a boost for manufacturing from global tech recovery.

OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN

Multinationals are likely to hasten their ASEAN expansion.