Oversea-Chinese Banking Corporation Ltd (OCBC.SI)
27 Sep 2016
BRIEF-Oversea-Chinese Banking Corporation and Great Eastern updates on shareholdings in United Engineers and WBL corp
Sept 26 Oversea-chinese Banking Corporation Limited
Aug 30 Aviva Plc has hired Chetan Singh, a senior JPMorgan investment banker in Asia focused on financial institutions, as its chief M&A officer.
SINGAPORE, July 28 Oversea-Chinese Banking Corp , Singapore's second-biggest lender, posted a 15 percent drop in quarterly profit due to lower contributions from its insurance arm and a drop in investment income.
(The following statement was released by the rating agency) SINGAPORE, April 29 (Fitch) The fall in Oversea-Chinese Banking Corp's (OCBC; AA-/F1+/Stable) net profit reflects the current challenging operating environment, says Fitch Ratings. Despite this, the bank's healthy loss-absorption buffers and stable funding and liquidity position continue to underpin its strong overall credit profile. OCBC's net profit fell 14% yoy to SGD856m in 1Q16 due to weak investment mark-to-market income, par
SINGAPORE Oversea-Chinese Banking Corp, Singapore's second-biggest lender, warned of sluggish loan growth this year and risks from the offshore marine sector due to weak commodity prices, as it posted its smallest profit in more than a year.
SINGAPORE, April 29 Oversea-Chinese Banking Corp , Singapore's second-biggest lender, posted a worse-than-expected 14 percent drop in quarterly profit due to an increase in bad debt charges and a lower contribution from its insurance unit.
(The following statement was released by the rating agency) SINGAPORE, April 27 (Fitch) Fitch Ratings has assigned Oversea-Chinese Banking Corporation Limited's (OCBC; AA-/Stable) USD15bn commercial paper programme a Short-Term Rating of 'F1+'. KEY RATING DRIVERS The programme rating is the same as OCBC's Short-Term Issuer Default Rating (IDR) of 'F1+', as the notes issued under the programme will be unsecured short-term promissory notes of the bank and will rank pari passu with all of OCB
* OCBC Singapore assets under management to rise a third (Recasts, adds adviser name, shares, Barclays CEO quote)
SINGAPORE OCBC's path to snapping up Barclays' Singapore and Hong Kong wealth management business became much easier after rival DBS Group Holdings was turned off by fears of poaching at the unit, financial sources familiar with matter said.
SINGAPORE Oversea-Chinese Banking Corp has agreed to buy Barclays' wealth management operations in Singapore and Hong Kong for $320 million, its second major private banking deal since 2009.