As of June 30 2024, assets under management (AUM) across UOB’s entire wealth continuum (i.e., privilege banking, privilege reserve and private bank) stood at S$182 billion (US$140.91 billion), of which more than half is attributed to private wealth (privilege reserve and private bank), ...
In 2024, the Company expects to continue to focus on debt and leverage, including looking at opportunistically refinancing the senior notes due February 2026, if market conditions allow. The Company also expects to reduce general and administrative expenses, as well as operating costs, primarily ener...