Renald Yeo
JOURNALIST
Renald writes about banks for The Business Times. Before that, he tracked macroeconomic trends and SME struggles.
UOB aims to double wealth income to at least S$2.5 billion by 2030; Q1 profit slips 4%
CEO Wee Ee Cheong says the completion of its Citi integration gives the bank a ‘long runway’ for organic wealth growth across Asean
OCBC’s Indonesia deal boosts wealth push, may herald more M&A under new CEO Tan Teck Long: analysts
Industry watchers say the bank might look to high-growth Asean markets for more acquisitions
Singapore stocks rise 1.1% on Thursday, lifted by DBS’ above-expectation earnings
For the truncated trading week, the Straits Times Index is down 1.7%
No longer just an outpost: Vietnam’s rise opens new front for DBS, OCBC, UOB
The financing needs of businesses there have grown as they integrate into Asian trade and capital flows
DBS CEO Tan Su Shan strikes upbeat tone on deposits, wealth growth after strong Q1
The lender declares a dividend of S$0.81 per share, up from S$0.75 the year before
Singapore stocks fall 0.6% on Wednesday as Middle East conflict enters third month
Across the broader market, gainers outpace losers 324 to 292, as 2.2 billion securities worth S$2.4 billion change hands
Deloitte’s Lee Boon Teck succeeds Teo Ser Luck as president of Singapore’s national accounting body
New president says focus now is to ensure that every member can see and feel the difference Isca makes
Singapore stocks slip as oil tops US$110; STI down 0.1%
Benchmark index is close to where it was on first trading day after Iran war began
Singapore shares fall, dragged by banks; STI slips 0.6%
Across the broader market, losers outpace gainers 341 to 265 after two billion securities change hands
Safe-haven flows, no Q1 Fed cut support positive earnings outlook for DBS, OCBC, UOB: analysts
All 3 lenders have little to no exposure to private credit risks, management teams say