United Overseas Bank

The evolution of UOB’s CFO - THE EDGE SINGAPORE

Banking & finance

The evolution of UOB’s CFO

Change, wrought by new regulations, disruptive tech, financial crises and new challenges, is the only constant for UOB CFO Lee
UOB reports 1Q2024 net profit of $1.49 billion, up q-o-q but down y-o-y and 6.4% above estimate  - THE EDGE SINGAPORE

Results

UOB reports 1QFY2024 net profit of $1.49 billion, up q-o-q but down y-o-y and 6.4% above estimate

UOB announces net profit of $1.49 billion including Citi integration costs, higher q-o-q, lower y-o-y, and 6% above estimates.
At AGM, UOB stays committed to sustainable dividend growth  - THE EDGE SINGAPORE

Finance

At AGM, UOB stays committed to sustainable dividend growth

UOB looks to maintaining earnings growth to support dividend growth model

Investing ideas

Limited upside catalysts for UOB but dividends and provisions will provide support

UOB's 'decent valuation' and yield may provide downside support
UOB CEO Wee buys 100,000 shares at $28.495 each - THE EDGE SINGAPORE

Insider moves

UOB CEO Wee buys 100,000 shares at $28.495 each

This time last year, when the bank reported its FY2022, Wee paid $29.5749 each for 100,000 shares
'Simply unique': Wee Cho Yaw (1929–2024) - THE EDGE SINGAPORE

Obituary

'Simply unique': Wee Cho Yaw (1929–2024)

'My father has left an indelible mark. He has been a source of inspiration for me in all aspects of my life'

Banking & finance

UOB strengthens balance sheet ahead of testing times

UOB strengthens its balance sheet with change in MEV model, Casa growth as loan growth recedes
UOB’s earnings growth enables higher dividends and general provisions, as it charts regional plans - THE EDGE SINGAPORE

Banking & finance

UOB’s earnings growth enables higher dividends and general provisions, as it charts regional plans

UOB announced specific provision for Stark Corp, raised interim dividend to 85 cents as net profit rose
iFast chairman, Yew Kee's Seah family raise stakes; UOB in share buybacks  - THE EDGE SINGAPORE

Insider moves

iFast chairman, Yew Kee's Seah family raise stakes; UOB in share buybacks

The recent buying gives Lim a total interest of around 59.5 million shares, equivalent to 20.151%.
UOB to invest over $500 mil to build new global technology and innovation centre in Punggol - THE EDGE SINGAPORE

Banking & finance

UOB to invest over $500 mil to build new global technology and innovation centre in Punggol

"Our investment here reinforces our commitment to grow our Singapore core," says UOB CEO Wee Ee Cheong
×