03/27/2023

UOB CEO Receives 2022 Pay Hike

Wee’s pay hike coincides with UOB’s record profits in 2022 which rose 12 percent to S$4.6 billion, largely due to higher net interest income from rising rates.

03/22/2023

OCBC Launches Wuhan Branch

The new branch is part of broader plans to «capture the growing Greater China-ASEAN trade and investment flows».

03/02/2023

Citi Completes India Consumer Sale to Axis

Citi will also transfer approximately 3,200 employees to Axis and the transaction is expected to result in a regulatory benefit of $1.4 billion for the US lender.

02/24/2023

OCBC Group Full Year 2021 Net Profit Rose 35% to S$4.86 billion

Group net profit for FY21 was S$4.86 billion, an increase of 35% from a year ago, underpinned by strong growth in non-interest income and lower allowances, which offset a decline in net interest income amid a low interest rate environment.

02/01/2023

AMP Bank acquires Nano mortage book

The agreement also delivers on Nano’s strategy to focus on being a provider of technology to financial services companies rather than a home loan provider.