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Just 4, but helping needy
Posted on 5 Sep 2010 at 8:03 am
Just 4, but helping needy Straits Times - Sep 5, 2010 By Cheryl Ong Kendric Chang, with his mother Jane Tan, donating his savings at the OCBC branch in Ang Mo Kio Central yesterday. -- ST PHOTO: WONG KWAI CHOW OVER the past two months, four-year-old ...

Singapore Closes Higher
Posted on 3 Sep 2010 at 1:26 pm
Singapore Closes Higher Live Trading News - Sep 3, 2010 Singapore closed 0.5 percent firmer, hitting its highest since Aug. 10 on late buying, with a 0.8 percent rise in Oversea Chinese Banking Corp (OCBC) and a 0.7 percent gain in Singapore Telecom ...

Home » OCBC Bank returns as sponsor of Cycle Singapore for 2011 and 201...
Posted on 2 Sep 2010 at 8:40 pm
Home » OCBC Bank returns as sponsor of Cycle Singapore for 2011 and 201... Red Sports - Sep 3, 2010 Singapore, Thursday, September, 2010 — Spectrum Worldwide announced today that OCBC Bank will return as title sponsor for the 2011 and 2012 editions of OCBC Cycle Singapore. Over 9,100 riders ...

Woman wins $250,000 in OCBC Bank draw
Posted on 2 Sep 2010 at 5:06 pm
Woman wins $250,000 in OCBC Bank draw TODAYonline - Sep 2, 2010 Ms Lee Chew Hsia (centre) is $250,000 richer after emerging the winner of the Grand Prize in OCBC Bank's Grand Draw on Aug 29. The draw marked the culmination of OCBC's five-month savings campaign ...

Singapore banks ranked safest in Asia
Posted on 31 Aug 2010 at 5:04 pm
Singapore banks ranked safest in Asia TODAYonline - Aug 31, 2010 SINGAPORE - Singapore lenders DBS, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) have been rated, in order, as the top three safest banks in Asia by Global Finance magazine in ...

Oversea-Chinese Banking Corp. Limited Announces Members' Voluntary Liquidation
Posted on 25 Aug 2010 at 5:12 am
Oversea-Chinese Banking Corp. Limited Announces Members' Voluntary Liquidation Reuters Key Development - Aug 25, 2010

TT bond holders pushfor court-approved plan
Posted on 16 Aug 2010 at 5:02 pm
TT bond holders pushfor court-approved plan TODAYonline - Aug 16, 2010 by Jo-ann Huang SINGAPORE - A group of 24 bond holders of distressed firm TT International has appealed to OCBC Bank to accept a High Court-approved scheme for the company to manage its debts. The ...

OCBC, Best Foreign Cash Management Bank In Malaysia
Posted on 15 Aug 2010 at 11:31 pm
OCBC, Best Foreign Cash Management Bank In Malaysia Bernama - Aug 16, 2010 KUALA LUMPUR, Aug 16 (Bernama) -- OCBC Bank (Malaysia) Bhd has been voted the best foreign cash management bank in a recent Asiamoney poll involving corporations and small-and-medium enterprises ... OCBC named best foreign cash management bank in Malaysia - Malaysia Star OCBC is best foreign cash manager - Business Times - Malaysia

Bank of Singapore hires private bankers from DBS
Posted on 10 Aug 2010 at 4:00 am
Bank of Singapore hires private bankers from DBS Reuters - Aug 10, 2010 SINGAPORE Aug 10 (Reuters) - Bank of Singapore, the private banking arm of Oversea-Chinese Banking Corp (OCBC.SI), said on Tuesday it has hired three bankers from DBS (DBSM.SI) that will manage ... Bank of S'pore hires private bankers from DBS - Business Times

OCBC Malaysia bullish on home loans growth
Posted on 9 Aug 2010 at 1:33 am
OCBC Malaysia bullish on home loans growth Business Times - Malaysia - Aug 9, 2010 OCBC Bank (Malaysia) Bhd, which reported 12 per cent growth in home financing last year, expects to see a high, double-digit growth this year, its Head of Consumer Financial Services, Charles Sik ... OCBC Expects High Double-digit Growth In Home Financing - Bernama


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Treasury Management Associate Program -- PT Bank OCBC NISP Tbk ...
Posted on 5 Aug 2010 at 9:34 am
Mr David Conner, Director and Chief Executive Officer, OCBC Bank Ltd ... University College London and Visiting Professor of Management, .... as well as a Commissioner of PT Bank OCBC NISP Tbk. Mr Conner holds a Bachelor of . ...

Singapore Releases Assest Management Industry Survey 2009 | Gov ...
Posted on 11 Jul 2010 at 7:03 pm
Opening Address by Mr Ong Chong Tee Deputy Managing Director, Monetary Authority of Singapore at the OCBC Global Treasury Economic and Business Forum 2010. Mr David Conner, CEO of OCBC, Distinguished guests, ladies and gentlemen: ...

'Still integration days for OCBC private banking'
Posted on 29 Apr 2010 at 5:02 pm
SINGAPORE - The chief executive of OCBC Bank is confident that the synergy in its private banking division has bode well for clients. In an interview with The Asian Banker, Mr David Conner spoke ... Related Symbols: SGX:O39.

OCBC hiring private bankers
Posted on 19 Apr 2010 at 9:21 am
OCBC Bank's private banking subsidiary, Bank of Singapore, is hiring staff from other private banks and isn't about to lose a large number of its team, OCBC chief executive David Conner told shareholders at the bank's annual general ...

OCBC CEO: Management To Develop New Long-Term Strategy This Year
Posted on 16 Apr 2010 at 3:38 am
SINGAPORE -(Dow Jones)- OCBC Bank Ltd. (039.SG) Chief Executive David Conner Friday said that the bank's management is looking to develop a new long-term strategy as its previous strategic plan ... Related Symbols: SGX:O39.

PRESS DIGEST - Singapore newspapers - April 7
Posted on 7 Apr 2010 at 12:00 am
SI) chief executive Wee Ee Cheong received a near 27 percent pay increase to about S$7 million for 2009, as compared to Oversea-Chinese Banking Corporation's (OCBC) (OCBC.SI) David Conner, who got a 75 percent raise to S$6.8 million. ...

OCBC Bank has authorized Bank of Singapore
Posted on 1 Mar 2010 at 6:12 pm
David Conner, CEO of OCBC Bank said the success of this acquisition marks an important milestone in our private banking activities. With increasing scale, will bring significant benefits both for customers IAPB Private Banking and OCBC. ...

OCBC's Conner signals he's staying on as CEO
Posted on 20 Feb 2010 at 6:00 am
With that one-word reply, OCBC Bank chief executive David Conner confirmed yesterday that he plans to stand for re-election as a director at the group's next shareholders' meeting in mid-April.

OCBC Planning to Open 20 More Branches in Indonesia
Posted on 19 Feb 2010 at 1:41 pm
The Oversea-Chinese Banking Corporation plans to open more branches in Indonesia, Malaysia and China, chief executive David Conner said on Friday. He said there would be about 20 new offices in Indonesia, five to six in China and four ...

OCBC CEO sees more branches in Malaysia, Indonesia, China
Posted on 19 Feb 2010 at 4:00 am
Oversea-Chinese Banking Corp., the lender that owns Singapore's biggest life insurer, expects to open more branches in Malaysia, Indonesia and China, Chief Executive Officer David Conner said at a briefing in Singapore today. ...

Bank of Singapore ready to pursue grand plans
Posted on 2 Feb 2010 at 3:41 am
Mr Denis will be in charge of integrating OCBC's private banking business into the Bank of Singapore, Mr Conner said. This article was first published in The Business Times. Bookmark and Share ...

Press Release: OCBC Bank launches a dedicated private bank - Bank ...
Posted on 31 Jan 2010 at 8:42 pm
said Mr David Conner, CEO of OCBC Bank. Mr Renato (“Bing”) de Guzman, CEO of Bank of Singapore, said, “As part of the OCBC family and with the strong backing of OCBC, we remain totally committed and dedicated to helping our clients to ...

kitchen tigress: Don't Ask OCBC for Cakes!
Posted on 6 Jan 2010 at 4:43 am
I don't know if the OCBC gentleman paid for the cake out of his own pocket but I've asked David Conner and Andrew Lee, respectively OCBC's group CEO and Senior EVP of Global Consumer Financial Services, to make sure he's reimbursed. ...

3 Big Banks of Singapore- DBS, OCBC and UOB
Posted on 12 Nov 2009 at 10:53 am
OCBC has been progressing nicely where it was once far far behind as the third player in the banking landscape in Singapore, with much of the improvement due to its long serving CEO, Mr David Conner, who is also the longest serving CEO ...

OCBC SAYS NON-PERFORMING LOANS MAY HAVE PEAKED
Posted on 28 Oct 2009 at 11:48 am
OCBC (OCBC.SI), Singapore's third biggest lender, said that non-performing loans may have peaked, after its third quarter earnings were helped by a drop in bad debts. “Touch-wood, it looks like NPLs have peaked,” said CEO David Conner ...

Moneytalk: OCBC buying ING Asia private bank
Posted on 16 Oct 2009 at 10:30 am
"We are committed to investing more in the business and look forward to capturing greater market share of the growing number of high net-worth individuals in Asia and other markets," said OCBC CEO David Conner. ...

Singapore's OCBC buys ING's Asia private banking arm
Posted on 15 Oct 2009 at 2:57 am
"With this acquisition, we will now have a much stronger presence in the private banking segment to complement our already solid position in the mass and mass affluent customer segments," OCBC chief executive David Conner said in a ...

Singapore Banking Stock Technical Analysis: OCBC Malaysia to sell ...
Posted on 28 Jul 2009 at 6:45 pm
At OCBC's first-quarter results briefing in May, chief executive David Conner told reporters that Malaysia's plan to open up its financial services sector further to foreign players would open up new opportunities for the bank and its ...

Published May 9, 2009 DBS Q1 profit down 24% but better than ...
Posted on 13 May 2009 at 6:15 am
OCBC Bank chief executive David Conner on Wednesday warned that 'the economic outlook remains difficult and uncertain'. 'I think it's going to be a fairly long and slow climb out of the situation that we're in,' he said. ...

ocbc's Conner takes a pay cut
Posted on 31 Mar 2009 at 3:31 pm
(SINGAPORE) OCBC chief executive David Conner had his pay cut almost 40 per cent last year to range between $3.75 million and $4 million in line with the bank's lower earnings.

OCBC CEO Paid Over $3.75m
Posted on 31 Mar 2009 at 11:50 am
OCBC CEO paid over $3.75m By Gabriel Chen OCBC Bank's chief executive David Conner earned between $3.75 million and $3.99 million last year, the bank's annual report revealed on Tuesday. This range is slightly over a third lower than ...

Prudent hiring saves jobs now
Posted on 28 Mar 2009 at 5:00 am
Mr Conner's confidence on the jobs front was based on the bank's culture and practices, said OCBC chief financial officer Ching Wei Hong. 'Our CEO went to the board of directors to assure them that there will be no retrenchment...and ...

Marketing, OCBC cycles along, SINGAPORE, MARKETING, Sponsorship ...
Posted on 17 Dec 2008 at 2:00 am
... with SSC's structured talent development programme which utilises latest sports science and technology, will soon see the Singapore flag flying high in international elite cycling competitions," David Conner, CEO of OCBC Bank, said. ...

Tan Kin Lian's Blog: Open Forum with OCBC Bank/Securities
Posted on 3 Nov 2008 at 5:34 pm
OCBC CEO David Conner said "A securities brokerage business is very different from that of a bank,""At a bank, we look at people's savings and time deposits". By contrast, customers of its brokerage "tend to buy and sell a fair bit and ...

Bankers' pay is unfair, say ABN AMRO and OCBC bosses
Posted on 25 Jun 2008 at 7:24 am
The heads of ABN AMRO in Asia and OCBC Bank are sick of overpaying their traders. Remuneration in financial services is “inherently unfair”, according to David Conner, chief executive of OCBC. The pay gap between, for example, ...

S'pore Banks Falter On Market Volatility
Posted on 8 May 2008 at 11:04 pm
'The CDO problem is behind us,' said OCBC Bank chief executive David Conner at its results briefing yesterday. As analysts expected, DBS's net interest margin - the difference between what the bank earns on loans and pays on deposits ...

OCBC Posts 4% Lower Q1 Net Profit Of $622m
Posted on 8 May 2008 at 5:23 am
... debt obligations (CDOs), OCBC said its ABS (asset-backed securities) CDO investment portfolio did not require further allowances this quarter. 'The CDO problem is behind us,' said CEO David Conner at a press briefing yesterday. ...

Two More Slow Quarters For OCBC Ahead, Says CEO
Posted on 7 May 2008 at 11:47 pm
OCBC Bank has now suffered two straight quarters of sliding profits and may well have to endure more tough times ahead, the bank's chief executive, Mr David Conner, warned yesterday. 'We've had two quarters of very low growth. ...

OCBC Q1 Profit Falls 4%, Sees Growth Opportunities
Posted on 7 May 2008 at 5:48 am
We continue to see growth opportunities in our major markets for the remainder of 2008,' chief executive David Conner said in a statement. OCBC, whose main operations are in Singapore and Malaysia, earned $622 million (US$458 million) ...

OCBC Bank does not expect further CDO impairments
Posted on 18 Apr 2008 at 3:07 am
OCBC Bank said it does not expect further impairments on its exposure to collaterised debt obligations (cdos). Chief Executive David Connor made that comment at the bank's annual general meeting on Thursday. ...

OCBC's US-linked $10m write-down to be its last
Posted on 22 Feb 2008 at 8:38 pm
OCBC chief financial officer Soon Tit Koon said: 'There will be immaterial impact going forward' for write-downs related to asset-backed collateralised debt obligations (CDOs). Some of the securities are linked to the US sub-prime ...

Singapore Corporate News - 22 Feb 2008
Posted on 22 Feb 2008 at 6:22 am
'We believe the CDO issue is behind us given that we've provided for 85 per cent of the portfolio,' said Soon Tit Koon, OCBC's chief financial officer. The bank's full-year net profit remained flat at $2.07 billion from $2 billion a ...

NiGHtMaRe: Singapore - SPC & OCBC
Posted on 21 Feb 2008 at 11:28 pm
CEO of OCBC group, David Conner said:”We achieved strong results in 2007 in spite of the turbulence in global financial markets. Our coreearnings growth of 30% is our best performance since 1999, while our ROE is at its highest since ...

OCBC's FY Profit Flat At S$2.07b, But Core Net Profit Up 30%
Posted on 21 Feb 2008 at 6:43 pm
As far as we're concerned it's nothing to worry about one way or another," said OCBC's CEO David Conner. OCBC said the economic outlook for 2008 is uncertain because of the slowing US economy, but the bank's CEO said there are reasons ...

OCBC's $221m writedown to cut CDO losses « Latest News About the ...
Posted on 13 Nov 2007 at 7:28 am
'We can't predict the future, but what we've done this quarter is prepare for the worst and there logically is not going to be any future earnings impact from this portfolio,' said chief executive David Conner at a media briefing ...

Banks' Combined Q3 Earnings Up 13%
Posted on 7 Nov 2007 at 7:53 am
But OCBC chief David Conner stated: 'We're very active in the market and we see pick-up in the loan outstanding. We see a pretty robust pipeline on the mortgage front.' Net interest margins, which measure the difference between what the ...

The Shock continues.. with OCBC disclosing its $221m write-down
Posted on 7 Nov 2007 at 3:11 am
Operationally, OCBC put in a solid performance, with a 12 per cent rise in net profits for the third quarter ended Sept 30. The bank's chief executive, Mr David Conner, said that while there has been some downgrade in its CDO portfolio, ...

OCBC: Sulking won't win friends, or investors
Posted on 30 Oct 2007 at 2:03 am
CEO David Conner doesn't like it when journalists get personal in their questioning. Yet senior management seems to be getting personal with one analyst. Play the ball, not the man! If anything, Wilson should be the first analyst OCBC ...

Under The Willow Tree: DBS, UOB & OCBC: A Comparative Snapshot
Posted on 3 Sep 2007 at 12:49 am
This was a point of heated argument between Morgan Stanley Banking analyst Matthew Wilson (who like me is a Uni Melbourne graduate) and the CEO of OCBC, David Conner, during the latest results press conference. Comparative Ratios ...

OCBC Beats Expectations With $532m Q2 Profit
Posted on 9 Aug 2007 at 6:34 am
Turning to the group's overseas joint ventures, Mr Conner said the group was not looking at investing more in Bank of Ningbo, in which OCBC has a 10 per cent stake. 'But in the long term, we'd like to own a lot more, ...


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PhillipCapital Market Watch 06092010 (Weekly Market Commentary)

PhillipCapital Market Watch 06092010 (Weekly Market Commentary) To view speaker's profile, please go to www.phillip.com.sg and visit these websites for more information on: Stocks & shares (www.poems.com.sg) Unit Trusts (www.eUnitTrust.com) Futur...
PhillipCapital Market Watch 03092010 (Weekly Market Commentary)

PhillipCapital Market Watch 03092010 (Weekly Market Commentary) To view speaker's profile, please go to www.phillip.com.sg and visit these websites for more information on: Stocks & shares (www.poems.com.sg) Unit Trusts (www.eUnitTrust.com) Futur...
PhillipCapital Market Watch 30082010 (Weekly Market Commentary)

PhillipCapital Market Watch 30082010 (Weekly Market Commentary) To view speaker's profile, please go to www.phillip.com.sg and visit these websites for more information on: Stocks & shares (www.poems.com.sg) Unit Trusts (www.eUnitTrust.com) Futur...