|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||19.61 - 19.92|
|52-week range||15.80 - 20.52|
|Beta (5Y monthly)||0.69|
|PE ratio (TTM)||9.21|
|Forward dividend & yield||0.81 (4.12%)|
|Ex-dividend date||12 Aug 2022|
|1y target est||N/A|
One of Asia's largest private banks, Bank of Singapore, has appointed Jason Moo, formerly of wealth manager Julius Baer, as its new chief executive from March 6, the bank said on Tuesday. Part of Singapore's second-biggest listed lender OCBC , the bank said Moo would succeed Bahrin Shaari, who retired on December 31 after 13 years with it. "Having worked in top global financial markets, Jason will bring a unique set of skills and perspectives," its chairman, Lai Teck Poh, said in a statement.
Bank of Singapore Chief Executive Officer Bahren Shaari will retire by the end of this month, according to an internal memo sent by the company's parent. Bank of Singapore, one of Asia's largest private banks and part of Singapore's second-biggest listed lender OCBC, will announce the appointment of a new CEO "as and when it is appropriate", OCBC CEO Helen Wong said in the memo sent to staff late on Friday.
Southeast Asia's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) joined its Singapore peers in beating market estimates and pumping out record quarterly profits as banks rake it in on higher interest rates. The city-state's banks, which boast some of the strongest capital buffers in the world, have effectively weathered the COVID-19-induced slump and are now benefiting from rebounding Asian economies.