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FOLLOWING DBS' robust Q1 earnings, which was driven by record fee income and lower provisions, RHB and Jefferies have raised their target prices for the bank's shares. The research houses cited strong business momentum and higher loan growth guidance as reasons for their optimism on South-east Asia's largest...

FOLLOWING DBS's robust Q1 earnings on record fee income and lower provisions, RHB and Jefferies are raising their target prices for the bank, citing strong business momentum and a high loan growth guide as reasons for the optimism on South-east Asia's largest bank.

UOB Asset Management's (UOBAM) two China-focused funds - United China-A Shares Innovation Fund and United China-A Shares Consumption Upgrade Fund - have pulled in more than S$1 billion in assets under management (AUM) in less than two years.

GREAT Eastern posted a net profit of S$437.6 million for its first quarter ended March 31, 2021, 12.9 times that of S$33.9 million posted the year prior.

CGS-CIMB Securities (Singapore) has launched a S$150 million multi-tranche commercial paper entirely in digital securities on iSTOX, the digital securities platform backed by Singapore Exchange (SGX), as the financial services provider looks to widen its investor base.

UOB is considering downsizing its office space as hybrid work arrangements gain momentum, but the bank's chief executive officer and deputy chairman Wee Ee Cheong does not expect too significant a reduction in real estate.

DBS on Friday showed the blistering pace at which Singapore banks have recovered from the pains felt during the global Covid-19 outbreak last year as Singapore's largest bank cracked the S$2 billion mark in quarterly net profit.

Private equity (PE) has generally outperformed public markets over the long term. Over a 25-year period, a Cambridge Associates index tracking PE funds saw 13.2 per cent annual returns, higher than the modified public market equivalent annual returns from the S&P 500 and MSCI World indices of 8.7...

U11 UOB is considering downsizing its office space as hybrid work arrangements gain momentum, but the bank's chief executive officer and deputy chairman Wee Ee Cheong does not expect too significant a reduction in real estate.

FINANCIAL firms are expected to return less office space than DBS Group Research had earlier projected.