SINGAPORE -- Singapore's Oversea-Chinese Banking Corp. (OCBC) on Friday flagged “continued headwinds from tariffs and geopolitical tensions,” as the lender reported a 7% year-on-year decline in net profit in the second quarter.
Finance
Singapore’s OCBC flags tariff headwinds as Q2 profit falls
Bank's income from interest drops as CEO prepares to step down
OCBC CEO Helen Wong, who is retiring at the end of the year, says the Trump tariffs are having an impact on the Singapore-based lender. © Reuters
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