Singapore’s UOB post record profits as it bets its Southeast Asia focus will drive growth amid global uncertainties
The bank's CEO Wee Ee Cheong said an enlarged customer base and enhanced platforms in the region positions UOB well.
We Expect United Overseas Bank to Reap the Benefits of the Citigroup Acquisition
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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UOB net profit rises 6% to $6b in FY24
It will return $3b to shareholders over the next three years. UOB Group has reported a net profit of $6b for the financial ...
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UOB Reports Strong Q4 Profit Growth, Announces $2.24B Capital Return Plan
Singapores United Overseas Bank (OTC: UOVEY) reported a 9% year-on-year rise in Q4 net profit, surpassing analyst ...
Singapore bank UOB hits record high after Q4 earnings beat, $2.2 billion capital return
Shares of Singapore's United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in ...
UOB Reports Higher Quarterly Profit, Announces S$3 Billion Capital Distribution Package
United Overseas Bank said its fourth-quarter net profit rose, thanks to loan growth, and announced a S$3 billion package to distribute surplus capital. Net profit, including one-off expenses, jumped 8 ...
Momoya team to bring Japanese restaurant to former Charlie Palmer space at One Bryant Park
An iconic Manhattan office tower is getting a new restaurant after Charlie Palmer left the space. Check out the plans.