NGO argues that OCBC disclosures do not fully reflect the climate risks from captive coal plants, breaching SGX rules on sustainability reporting. OCBC says its disclosures do not break SGX rules.
Green group files SGX complaint against OCBC alleging disclosure gaps in carbon-intensive assets
Market Forces flags lender’s possible failure to comply with sustainability reporting requirements around its exposure to captive coal plants Read more at The Business Times.
StanChart Taps Seviora for New Hedge Fund Vehicle
Standard Chartered partners Seviora to launch a fund of hedge funds under its VCC platform for private banking clients.
DBS hits fintech firms with large fee hikes for custodian service
DBS will increase the fees it charges fintech firms to hold customer funds under its custodian services, a move that means higher costs for fintech companies operating payment services in Singapore.
Green group files complaint against OCBC to SGX over alleged disclosure gaps on coal plants
Market Forces had previously flagged Singapore bank for financing coal-powered nickel smelters and refineries. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s UOB banks on ASEAN to weather tariff uncertainty; Q4 net profit slips 7%
By Rae Wee and Yantoultra Ngui SINGAPORE, Feb 24 (Reuters) - Singapore's United Overseas Bank, or UOB, said on Tuesday it will leverage its presence in ASEAN and opportunities from shifting global ...
Singapore bank UOB’s fourth-quarter net profit dips 7%, beats forecasts
Singapore's United Overseas Bank, or UOB , reported on Tuesday a 7% fall in net profit in the fourth quarter from a year earlier as margin headwinds outweighed loan growth.
UOB shares down 4.6% amid lower Q4 profit
The bank’s Q4 net profit falls 7% to S$1.41 billion amid margin pressures from lower benchmark rates Read more at The Business Times.
UOB Posts Fourth-Quarter Profit Decline, Cuts Fee-Growth Guidance — Update
UOB's overall results appeared neutral to negative to Citi analyst Tan Yong Hong. The bank's fourth-quarter preprovision operating profit missed Citi's estimates due to weaker fee and trading income, ...
UOB Q4 Net Profit Misses Estimates as Trading Income Slips, FY25 Earnings Down 23%
Singapores United Overseas Bank (SGX: UOBH) reported fourth-quarter earnings that came in slightly below market expectations, as softer trading income and margin pressure offset steady loan growth and ...
UOB reports FY2025 earnings of $4.7 bil; final dividend of 71 cents per share
The bank has recommended a final dividend of 71 cents per share, bringing its total dividend for the year to $1.56.
UOB to reward junior staff with one-off payout despite fall in Q4 and 2025 net profit
UOB announces a one-off payout for junior staff, totalling $4 million, amidst a reported fall in Q4 and 2025 net profit. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s UOB misses Q4 profit estimates as trading income weakens
Investing.com-- Singapore’s United Overseas Bank (SGX:UOBH) reported fourth-quarter net profit slightly below expectations, as lower trading income and margin pressures offset steady loan growth and ...
Singapore bank UOB’s fourth-quarter net profit falls 7% on-year
Singapore's United Overseas Bank, or UOB , reported on Tuesday a 7% fall in net profit in the fourth quarter from a year earlier on the back of net interest income moderation.
SGX complaint filed against OCBC on its sustainable financing disclosures
Environmental group Market Forces flags lack of disclosures around lender’s exposure towards captive coal plants Read more at The Business Times.
Singapore: CM Yogi meets DBS Bank CEO; discusses investment in several sectors
During the meeting, positive discussions were held on cooperation possibilities in the areas of digital banking and affordable financial services, capability development, semiconductor manufacturing, ...