UOB

Consumers overall more optimistic about macroeconomic environment but stay cautious on personal finances

It also plans to treble its client adviser ranks to about 60, as the Singapore lender seeks to capture rising wealth flows between China and Asean

The challenge then is to work out how to cut needless friction in the system without weakening safeguards

The Singapore lender is accelerating its wealth expansion in Greater China

Singapore-listed companies should be pushed to become globally relevant in the same manner that the banks were encouraged to merge

DBS and OCBC also decline, but much more modestly by 0.7% and 0.8%, respectively

There could be more room to run ahead of the lenders’ Q2 results release in August, say analysts

STI rises 1.2% to 5,433.88 points as DBS breaches S$70 mark

It is the only Singapore bank with a wholly owned subsidiary in the country