Search

NEWS
PRIVATE BANKING | Cesar Tordesillas, Singapore
Published: 24 Nov 11
1164 views


UOB stock rises on private banking plan

Shares of  United Overseas Bank rose by 2 percent with its plan to provide wealth management services to individuals with rising affluence.

 

At 0345 GMT, shares of UOB were traded at S$15.20 with over 2.3 million shares changing hands. It outperformed its peers DBS Group, which was down 0.8 percent and Oversea-Chinese Banking Corp, which was 0.13 percent higher.

UOBannounced thast it will target a growing segment of individuals with investable assets of at least S$100,000 and make up 25 percent of Singapore's working population in its new wealth banking business.

For the source of this story, click here.



Sign up for our newsletter

 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

Tags: private banking, business plan, bank stocks

LATEST PRIVATE BANKING JOBS »
  • No jobs posted on this category.
    PRINT ISSUE »
    Subscribe Now