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SINGAPORE] OCBC group chief executive officer Helen Wong will retire on Dec 31, 2025, with Tan Teck Long, the bank’s current ...
OCBC Bank is topping up its loan pot to S$5bil (US$4bil) from S$1.5bil for entrepreneurs who own multiple small, early-stage ...
OCBC Group, the second-largest financial services group in South-east Asia by total assets, employs approximately 30,000 employees. Behind the scenes, the bank has a team of unsung heroes working ...
OCBC’s profit growth also lagged its competitors DBS and UOB, whose quarterly profits rose by 10% and 9%, respectively. The bank’s shares are down about 1.9% as of 4 p.m. Singapore time.
MAS imposed penalties of S$2.6 million ($1.93 million) for DBS, S$600,000 for OCBC, or Oversea-Chinese Banking Corp, S$400,000 for Citibank and S$200,000 for Swiss Life. The DBS fine is one of the ...
OCBC CEO Meets Key Great Eastern Deal Holdouts On $1 Billion Bid. Helen Wong recently had talks with some resistant shareholders; Some minority holders say OCBC offer is below embedded value ...
OCBC is offering S$30.15 per share for the 6.28% of Great Eastern that it doesn't already own, it said early Friday. The Singapore bank said it made the offer at the request of Great Eastern, an ...
SINGAPORE - OCBC Bank is investing $30 million over the next three years to help staff progress in their careers and prepare them, as well as the organisation, for future disruptions.
OCBC's common equity Tier 1 ratio stands at 17.1%, or 15.3% under fully phased-in Basel III rules. We struggle to see how the bank will reach its stated target of a 14% ratio without further ...
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