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Hosted on MSNUOB Group launches $3b Capital Distribution Package for shareholdersThe group also introduced a $2b share buyback programme. UOB Group has announced a $3b capital distribution package ...
In a report released today, Lim Rui Wen from DBS maintained a Buy rating on UOB (UOVEF – Research Report), with a price target of S$43.00. The ...
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Hosted on MSNSingapore's UOB shares hit record highShares of Singapore's United Overseas Bank (UOB), hit a record high on Wednesday after it posted a 9-percent rise in fourth-quarter net profit that beat expectations and announced a SG$3-billion ...
The bank's CEO Wee Ee Cheong said an enlarged customer base and enhanced platforms in the region positions UOB well.
UOB's return on equity has been only slightly above the 9% level we assume as its cost of equity, but we forecast that its ROE will remain above 12% across our forecast horizon as its revenue benefits ...
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