Featured Archives • Page 1219 of 1335 • Financial News

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DBS prices US$1b perp deal at 3.3%, first callable in 2025

DBS Group on Friday announced it will issue US$1 billion of 3.3 per cent perpetual capital securities.

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OCBC net profit jumps 34% in Q4 on wealth management, insurance gains

OCBC Bank’s net profit grew 34 per cent to S$1.24 billion for its fourth quarter, from S$926 million a year ago, driven mainly by wealth management, higher income from trading, sale of investment securities and properties, and its insurance franchise.

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OCBC raises dividend; Q4 net profit up 34% on wealth management, insurance gains

OCBC Bank on Friday upped its dividend payout as it turned in stronger profits for its fourth quarter, but flagged a weaker-than-expected outlook for the global economy ahead.

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OCBC expects 4% dip in 2020 revenue on virus impact; ups dividend on higher Q4 profit

OCBC Bank on Friday upped its dividend payout as profits beat estimates for its fourth quarter, although it flagged a weaker-than-expected outlook for the global economy ahead.

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OCBC expects 2% dip in 2020 revenue on virus impact; ups dividend on higher Q4 profit

OCBC Bank on Friday upped its dividend payout as profits beat estimates for its fourth quarter, although it flagged a weaker-than-expected outlook for the global economy ahead.

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OCBC expects 2% dip in 2020 revenue growth on virus impact; ups dividend on higher Q4 profit

OCBC Bank on Friday upped its dividend payout as profits beat estimates for its fourth quarter, although it flagged a weaker-than-expected outlook for the global economy ahead.

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UOB Q4 profit up 10% to S$1.01b

UNITED Overseas Bank's (UOB) net profit for its fourth quarter rose 10 per cent from the year-ago period, driven by growth in net interest income and trading and investment income, the bank announced on Friday. 

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UOB to launch digital bank TMRW next in Indonesia this year

UNITED Overseas Bank (UOB) will launch its digital bank, TMRW, next in Indonesia this year.

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Sing dollar breaches 1.40 against USD as recession concerns grow

THE Singapore dollar plunged to 1.40 against the US unit on Thursday, reflecting growing recession fears as new reported cases of Covid-19 - while slowing down inside China - seem to be picking up pace in the rest of the world.

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iFast aims to crack 20% ROE through digital banking in 5 years

MAINBOARD-LISTED iFast Corporation is targeting an ambitious 20 per cent return on equity (ROE) from its digital banking outfit in the next five years, with the firm "confident" of receiving a wholesale licence come mid-2020, said its top executive.

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