The Edge Singapore13d
Citi downgrades UOB to ‘neutral’, lowers target prices on all three banks, as it sees downside risks to NIMs
Analyst Tan Yong Hong believes management could lower their NIM outlooks on declining SORA rates and US rate cuts.
UOB CEO Wee Ee Cheong’s FY2024 pay trimmed by 6% y-o-y to $15 mil despite record earnings
Wee’s basic salary rose from $1.2 million in FY2023 to $1.44 million in FY2024, although his bonus fell to $13.56 million in ...