Tag: OCBC
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CNA Explains: Why are Singapore bank shares falling after a record run?
Singapore bank stocks tumbled for the second day in a row after a Citi report downgraded OCBC to a “sell” rating, saying it expected the bank’s third-quarter earnings to be flat from a year earlier.
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Over 3,000 lower-income residents to get free warm meals in nearby food lockers under new programme
The menu will be rotated regularly to provide variety and will cater to diverse tastes and dietary needs, say North East CDC and OCBC.
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OCBC, UOB post higher Q2 profit on stronger fee income
OCBC posted a 22 per cent rise in second-quarter net profit, while UOB saw a 10 per cent increase in net profit in the second quarter, helped by record wealth fees.
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Singapore bank stocks are at record highs. Should you buy, hold or sell?
Analysts say the decision to buy, hold or sell has less to do with price and more to do with why an investor owns the stock in the first place.
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