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 names Susan Hwee as head of group retail

Eddie Khoo to retire; Lawrence Goh is new head of GTO.
2 days ago

UOB names Susan Hwee as head of group retail

Eddie Khoo to retire; Lawrence Goh is new head of GTO.
2 days ago

UOB secures major wins at ABF Wholesale Banking Awards 2024

UOB excels in AI, Digital Transformation, and Health & Wellness, showcasing its leadership in innovation and its dedication to comprehensive employee well-being.
5 days ago

MAS “closely monitoring” global IT outage

Major banks reported little to no impact to customers and key operations.
6 days ago

UOB winds down digital credit assessment subsidiary

It had promised to invest S$12m on Avatec when it launched in 2018.

SG banks turn to upskilling as hiring sentiments turn ‘cautious’

Roles related to wealth advisory and anti-ML and fraud are most in demand.

UOB Thailand ushers in new CEO

Richard Maloney will begin his role on 1 July.

UOB poised to benefit from growth of SEA's mass affluent segment

UOB has woven partnerships with privilege banking to appeal to the segment.

UOB appoints Mark Tan as head of internal audit in Hong Kong

Tan will oversee all audit functions for UOB Hong Kong.

UOB grants 30,400 shares to eligible non-executive directors

The share awards are part of the directors’ remuneration for 2023.

Chinese banks dominant whilst Japan, South Korean banks’ assets falter

Australian and Singaporean banks’ assets remained steady, S&P’s study showed.

UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips

Trading and investment income hit a record high, however.

UOB to maintain good asset quality amidst profitability dip

The bank is also expected to have a steady core capital ratio.

Empathy deficit erodes customers’ trust in banks

Customers who feel valued are willing to spend more for banking products.

UOB names new head of global group markets and new Hong Kong CEO

Kelvin Ng and Adaline Zhang bring over two decades of experience to their new roles.

Why Singaporeans are okay with locking away over $4b of their money

Customers can only access ‘locked’ money with a physical card or by visiting a branch.