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3 things to Know about Oversea-Chinese Banking Corporation

4 May 2016 - The Motley Fool Singapore
Oversea-Chinese Banking Corp Limited (SGX: O39) or OCBC for short, is one of the three major banks based in Singapore, along with DBS Group Holdings Ltd (SGX: D05) and United Overseas Bank Ltd (SGX: U11). OCBC is the longest-established bank in Singapore. It also has operations in 18 countries and regions ...
sgx:o39 sgx:u11 sgx:d05

3 Things To Know About The Singapore Stock Market Today

4 May 2016 - The Motley Fool Singapore
Welcome to Wednesday evening! Here are three things about the Singapore stock market and investing in general that you might want to look at today and over the weekend. We’re right in the middle of earnings season! Here are the latest from my colleagues: Lippo Malls Indonesia Retail Trust (SGX: D5IU) ...
sgx:acv sgx:d1r sgx:j85 sgx:d05 sgx:d5iu sgx:m44u sgx:s51 sgx:aiy sgx:5ly

DBS shatters profit forecasts as higher interest rates boost loan yields

4 May 2016 - Singapore Business Review
Wealth management income also ticked up. DBS had another record-breaking quarter when it reported a net profit of $1.22 billion for the first three months of the year, much higher than consensus forecasts of $1.04 billion. Analysts say that the unexpected profit uptick was due to higher interest rates ...
sgx:d05

DBS Group Holdings Ltd’s Latest Earnings: Satisfying Results, Says the CEO

3 May 2016 - The Motley Fool Singapore
DBS Group Holdings Ltd (SGX: D05) reported in its first-quarter earnings this morning. The reporting period was for 1 March 2016 to 31 March 2016. DBS Group is one of the three major banks based out of Singapore along with Oversea-Chinese Banking Corp. Limited (SGX: O39) and United Overseas Bank Ltd ...
sgx:d05

DBS' net profit down 5% to $1.2b in Q1

3 May 2016 - Singapore Business Review
Blame it on a one-off item last year. DBS’ net profit slipped 5% year-on-year to $1.2 billion in the first quarter, mainly due to a one-off gain of $136 million related to the sale of an investment property recorded in the same period last year. Excluding this one-off item, the group’s net profit was ...
sgx:d05

DBS Q1 profit up 6% on higher interest margins

3 May 2016 - Channel NewsAsia
SINGAPORE: DBS Group Holdings, Singapore's biggest lender, posted a 6 per cent rise in quarterly profit, slightly above forecasts, helped by higher interest rate margins which boosted net interest income by 8 per cent. DBS's net profit came in at S$1.2 billion in the three months ended March, compared ...
sgx:d05

Next Week’s News Today: DBS Group Opens Its Books

1 May 2016 - The Motley Fool Singapore
It might feel like it has been an eternity but we are only halfway through the earnings season. Singapore’s biggest bank, DBS Group (SGX: D05) opens its books on Tuesday. The bank’s results follow disappointing quarterly numbers from Oversea-Chinese Banking Corporation (SGX: O39) and United Overseas ...
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Oversea-Chinese Banking Corp Limited’s Latest Earnings: What Investors Should Know

29 Apr 2016 - The Motley Fool Singapore
Oversea-Chinese Banking Corp Limited (SGX: O39) reported its fiscal first-quarter earnings this morning. The reporting period was for 1 January 2016 to 31 March 2016. OCBC is one of the three major banks based out of Singapore, along with DBS Group Holdings Ltd (SGX: D05) and United Overseas Bank Ltd ...
sgx:o39 sgx:u11 sgx:d05 sgx:g07

United Overseas Bank Ltd’s Latest Earnings: What Investors Should Know

28 Apr 2016 - The Motley Fool Singapore
United Overseas Bank Ltd (SGX: U11) reported its fiscal first-quarter earnings this morning. The reporting period was for 1 January 2016 to 31 March 2016. United Overseas Bank (or UOB for short), is one of the three major banks based out of Singapore along with DBS Group Holdings Ltd (SGX: D05) and ...
sgx:o39 sgx:u11 sgx:d05

Singapore: DBS acquires minority stake in financial AI startup Kasisto

27 Apr 2016 - DealStreetAsia
Consumer banking startup venture Kasisto, which employs artificial intelligence (AI) to enhance retail and consumer banking, has secured investment from Singapore-based financial services major DBS Bank. Financial terms of the DBS investment are undisclosed, though it was described as a ‘strategic investment’ ...
sgx:d05

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