UOB follows DBS with bank capital encore

Singapore's smallest major bank catches strong tail wind from DBS to bring a second successful bank capital deal from the Lion City.

UOB follows DBS with bank capital encore

Singapore's banks showed the international bond markets that two's company on Wednesday after UOB jumped into DBS's slipstream, surprising the market with a new bank capital deal of its own. 

UOB's arrival took some of the shine off DBS's inaugural dollar-denominated Additional Tier 1 AT1 deal.

This opened for trading on Wednesday up almost one point, before hitting a wall of selling, which took...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition

EVENTS