OCBC
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OCBC raises war buffers despite record wealth income in Q1
Singapore’s OCBC reported a 5 percent rise in Q1 profit, driven by record wealth management fees, while setting aside S$191 million in allowances due to Middle East tensions.
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OCBC to Acquire HSBC Indonesia Wealth Unit in Strategic Expansion
Singapore’s OCBC Bank has confirmed an agreement to acquire HSBC’s Indonesian wealth and premier banking operations, a move set to add $6.6 billion in assets and 336,000 customers to its local subsidiary.
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OCBC Downgrade Cools Sheng Siong Stock Amid Valuation Concerns
Sheng Siong’s share price fell 4.2% on February 11, 2026, after major Singaporean bank OCBC downgraded the supermarket chain’s stock to ‘Hold,’ citing stretched valuation ahead of its FY2025 results.
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OCBC Shares Dip as Market Awaits 2025 Full-Year Results
OCBC shares declined by 1.03% to S$21.23 on February 7, 2026, as investors prepare for the bank’s full-year 2025 financial report and insights on CEO Tan.
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Singapore Banks Propel STI to All-Time Highs
OCBC and UOB shares reached unprecedented highs, driving Singapore’s Straits Times Index to an all-time peak, as analysts upgraded targets amidst strong institutional inflows and a robust economic outlook.