Local banks' brokerage fees gain 6.4% in Q1
Add BT as a preferred sourceSingapore
COMMISSIONS at the three major local banks' broking units rose 6.4 per cent during the first quarter, with only UOB-Kay Hian Holdings showing a slight decline.
Total brokerage fees reported by DBS Group Holdings, OCBC Bank and United Overseas Bank's UOB-Kay Hian arm came in at S$120.6 million for the three months to March 31, compared to S$113.3 million in the year-ago period.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Upbeat outlook for CDL, UOL after strong H1 earnings
