UOB profits Q1 2022
Singapore banks report lower earnings in unison
Singapore banks report lower earnings in unison
DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.
UOB profits down 11% to S$906m in Q1 amidst market volatility
Loan fees grew, but credit card and wealth fees recorded declines.
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1. UOB and HSBC complete live HKD transactions on Swift ledger 2. DBS and Stripe partner to capture Asian cross border payments 3. UOB Hong Kong ties services to win cross-border business 4. StashAway buys digital wills platform MakeGoodwill 5. HSBC Private Bank makes four senior hires across AsiaResource Center
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