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DBS eyes Malaysian bank stakes in expansion push: sources

SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including...

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State Bank of India beats Q2 profit view but lending margin shrinks

STATE Bank of India, the country’s largest lender by assets, beat second-quarter profit estimates on Friday (Nov 8), helped by higher non-interest...

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OCBC Q3 2024 results driven by customer growth and net new money inflow: CEO Helen Wong

THE growth OCBC has seen in the third quarter ended September has been customer driven, said CEO Helen Wong, as growth plans...

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Shareholders of Singapore banks can look forward to more returns amid strong Q3 results

SHAREHOLDERS of Singapore banks have more to gain ahead, as the local banking trio are looking to return capital due to their...

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Dividends preferred over share buybacks for shareholder returns: OCBC CEO Helen Wong

OCBC prefers to give dividends over share buybacks to return excess capital to shareholders, said chief executive Helen Wong.

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UOB looks to take ‘full advantage’ of excess capital by end of this year: CEO Wee Ee Cheong

UOB is actively looking to manage its capital, and hopes it can find ways to take “full advantage” of the excess by...

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UOB share buybacks, more dividends among options in deploying capital: CEO Wee Ee Cheong

UOB is actively looking to manage its capital, and hopes it can find ways to take “full advantage” of the excess by...

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Share buybacks, more dividends among options to deploy capital: UOB chief Wee Ee Cheong

UOB is actively looking to manage its capital, and hopes it can find ways to take “full advantage” of the excess by...

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Soros Fund Management to shut Hong Kong office in rejig

SOROS Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative reorganisation, but...

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Goldman promotes Singapore, Hong Kong and Japan bankers to partner

GOLDMAN Sachs promoted three Japanese nationals to its highest rank of executives, the most in more than a decade, after a revival...

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