OCBC
OCBC shares up as much as 3.1% after estimate-beating Q1 profit
The lender’s net profit for the first quarter is up 5%, driven by growth in wealth management
Stocks to watch: OCBC, ST Engineering, Frasers Property, Raffles Education
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 8):
OCBC Q1 profit rises 5% to S$1.97 billion, beats estimates
Non-interest income up 23% at a record S$1.61 billion
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
Stocks to watch: OCBC, FLCT, Keppel Infrastructure Trust, UltraGreen.ai
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 5):
OCBC to acquire HSBC Indonesia’s wealth, retail business, adding S$6.6 billion in AUM
This move follows OCBC’s 2024 purchase of Bank Commonwealth Indonesia and deepens its push into the country’s wealth segment
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
Bank of Singapore strengthens family office, wealth advisory team to support UHNW demand
Ultra-high-net-worth clients are a ‘key growth segment’, says the bank
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
DBS, OCBC, UOB shed nearly 3,000 jobs in 2025 amid restructuring, productivity push
Combined, the three lenders employed 104,266 people at end-2025, down 2.6% from the year before
