Renald Yeo

Renald Yeo

JOURNALIST

Renald writes about banks for The Business Times. Before that, he tracked macroeconomic trends and SME struggles.

DBS was the first of the three banks to report its Q2 results on Thursday (Aug 6), followed by OCBC and UOB on Friday.

5 takeaways from Singapore banks’ Q2 results – diverging outlooks, China tax rules emerge as new watchpoint

2026-08-08T00:00:00.000Z
OCBC’s non-interest income is up 51% at S$1.91 billion, driven by broad-based growth across fee, trading and insurance income.

OCBC raises 2026 loan growth forecast after Q2 profit jumps 22%, lifts dividend

2026-08-07T12:52:30.000Z
DBS’ total income is up 6% at a record S$6.09 billion.

DBS raises 2026 guidance as wealth business powers growth in Q2 despite lower rates

2026-08-06T09:57:38.000Z
Patricia Quek, UBS’ business sector head for Singapore and Malaysia, likens discovering its offerings to using an Apple smartphone for the first time.

From billionaires to towkay heirs: UBS widens Singapore wealth push

2026-08-05T06:59:46.000Z
The Big Four’s dominance in STI audits may not have pushed up fees, but this concentration has implications beyond competition, industry players say.
BRUNCH

No room for a fifth? The Big Four’s iron grip on STI audits

2026-07-31T07:30:00.000Z
DBS ranks second globally for 10-year TSR among the world’s top 100 listed banks by assets from end-2015 to end-2025, trailing only Morgan Stanley.

Singapore banks rival JPMorgan, Goldman Sachs in long-term shareholder returns

2026-07-24T10:48:17.000Z
UOB Hong Kong CEO George Tung says: “As clients expand across Asean, their priorities are evolving beyond manufacturing and supply chain diversification.”

UOB targets five times growth in Hong Kong private bank AUM by 2030

2026-07-24T05:29:47.000Z
Members of PM Wong’s (fourth from left) new Cabinet include (from left) Goh Pei Ming, Zaqy Mohamad, Jeffrey Siow, David Neo and Jasmin Lau.

PM Wong’s Cabinet reshuffle: Key changes and promotions

2026-07-22T10:00:00.000Z
The hiring push comes as Singapore’s banks expand their wealth franchises across Asia.

Singapore banks’ battle for wealth talent goes beyond private bankers

2026-07-12T09:58:56.000Z
Mark Lee, chairman of the Singapore Business Federation (left, standing) at the Singapore-Indonesia Leaders’ Retreat on Jul 6.

Indonesia’s long-term draw intact despite market, currency jitters, says new SBF chairman

2026-07-06T11:09:04.000Z