Singapore banks

Lender declares a dividend of S$0.88 per share for the period

Higher guidance comes as wealth, trading and insurance offset pressure from lower interest rates

UOB’s net profit climbs 10% to S$1.48 billion; OCBC’s is up 22% at S$2.22 billion

The team is ‘firing on all cylinders’ after record profit in the quarter, says CEO Tan Su Shan

Local banks are in focus this week as investors look for clues on whether Q2 tailwinds can extend into the year

Affected customers will be contacted with information on what the move means for them and any next steps

Banks are moving beyond chatbots to AI agents that can plan, reason and execute tasks autonomously – reshaping work while raising new regulatory challenges

DBS, OCBC and UOB have beaten global benchmarks and some of the biggest US lenders over the past 20 years

Singapore-listed companies should be pushed to become globally relevant in the same manner that the banks were encouraged to merge