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    U11 — United Overseas Bank News Story

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    Brief: United Overseas Bank Sells UOB Asset Management Business, Enters Regional Agreement

    Picture of United Overseas Bank logoUnited Overseas Bank
    05/08/2026 05:53
    BRIEF-United Overseas Bank Sells UOB Asset Management Business, Enters Regional Agreement
    Aug 5 (Reuters) - United Overseas Bank Ltd UOBH.SI:
    • SALE OF UOB ASSET MANAGEMENT BUSINESS AND ENTRY INTO REGIONAL AGREEMENT
    • TO SELL UOBAM TO ALLIANZ GLOBAL INVESTORS FOR S$555 MILLION IN CASH
    • DEAL COVERS UOBAM ASSET MANAGEMENT BUSINESS IN EIGHT ASIAN MARKETS
    • ENTERS REGIONAL DISTRIBUTION AGREEMENT WITH ALLIANZ GLOBAL INVESTORS IN FIVE MARKETS

    Further company coverage: UOBH.SI

     ((Reuters.Briefs@thomsonreuters.com;))

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