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.
UOB TMRW rolls out feature measuring ASEAN customers’ carbon footprint
UOB TMRW rolls out feature measuring ASEAN customers’ carbon footprint
It will be generated based on their spending and saving habits.
UOB launches gig employment model for retirees
The bank made the move to strengthen its multi-generation workforce strategy.
UOB Q3 profit leaps 57% to S$1.05b
Net profit also saw a rise of 4% QoQ.
UOB unveils financing platform for businesses, homeowners’ green energy needs
The U-Energy platform has nine partners that can support energy efficiency projects.
UOB, ADDX digitise S$50m of Sembcorp’s sustainability-linked bond
They made use of blockchain and smart contact technology to achieve this.
MAS, Singapore banks build digital platform against money laundering
This will allow sharing of customer and transaction data on money laundering cases.
UOB injects $88m in fresh capital for Vietnam charter
The capital injection was approved by the State Bank of Vietnam.
UOB unveils green financing solution to push EV adoption in Singapore
It creates a one-stop ecosystem that connects its users to EV car dealers.
UOB prices Singapore’s first SONIA sterling covered bond
The final order book saw that most demands come from the UK and EMEA.
UOB subsidiaries now cross-currency dealers in China, Indonesia
This makes UOB the first Singapore bank to hold this status in both markets.
UOB adopts the Equator Principles to refine sustainability strategy
The bank will apply the principles to assess and manage environmental and social risk projects.
Singapore banks push ahead to post-pandemic era
Significant loan book exposure in China is helping them recover faster than their regional peers.
UOB net profit up 29% to $2b in first half of 2021
Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.
Singapore lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
Digitalisation creeping into non-tech roles as Singapore banks accelerate hiring
The sector will continue in a “reform and transform” path, hinging on successful digital banking applicants.
UOB Malaysia appoints new deputy CEO
Ng Wei Wei will retain her current role as head of wholesale banking alongside this promotion.
UOB invests $200m in digital innovation, aims to double wealth fee income by 2025
The bank has launched SimpleInvest, where clients can begin investing for as low as $100.
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