OCBC is searching to Better China and Southeast Asia for a $2.2 billion improve in profits

OCBC is searching to Better China and Southeast Asia for a .2 billion improve in profits


Crucial Factors
  • Southeast Asia’s 2nd most significant bank declared Monday that it will be unifying its brand name across its core marketplaces in Increased China — which contains Hong Kong and Macao — as nicely as Southeast Asia.
  • “If you look at macro developments, Larger China and ASEAN jointly is likely to continue on to lead much more to the world’s GDP advancement,” CEO Helen Wong advised CNBC.



Supply

Jennifer Garner’s baby food company Once Upon a Farm files for IPO on NYSE
Finance

Jennifer Garner’s baby food company Once Upon a Farm files for IPO on NYSE

Key Points Once Upon a Farm, the baby food company co-founded by actor Jennifer Garner, filed for IPO under the ticker “OFRM” on the NYSE. Goldman Sachs and J.P. Morgan are acting as joint lead underwriters. The Berkeley-based company increased its six-month revenue as of Jun. 30 by 66% according to its IPO filing. Source

Read More
Wealthfront files for IPO, joining wave of fintech firms going public in 2025
Finance

Wealthfront files for IPO, joining wave of fintech firms going public in 2025

Key Points Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday. It’s the latest in a wave of fintech firms going public this year after the likes of Chime and Klarna. Source

Read More
Why an analyst downgrade of Wells Fargo does not change our conviction in the stock
Finance

Why an analyst downgrade of Wells Fargo does not change our conviction in the stock

Wells Fargo shares have more in the tank despite a downgrade from Wall Street analysts, according to Jim Cramer. The news Morgan Stanley analysts on Monday lowered their Wells Fargo rating to an equal weight hold from an overweight buy. They cited a lack of catalysts for the stock now that Wells Fargo’s $1.95 trillion […]

Read More