Singapore bank UOB cites 'softer operating environment' as net profit falls 4% on-year
SINGAPORE: Singapore's United Overseas Bank, or UOB, reported on Thursday (May 7) a 4 per cent annual fall in first-quarter net profit that, despite beating expectations, reflected the impact a precarious market backdrop and rate headwinds have had on the lender.Southeast Asia's thir
7 May 00:05 · CNA