UOB's Impressive $2.2 Billion Capital Return Strategy Amid Steady Profits

The United Overseas Bank (UOB) has announced an ambitious plan to return approximately $2.2 billion to its shareholders, a move that reflects the bank's robust financial performance and commitment to enhancing shareholder value. This decision comes as UOB reported that its earnings for the recent quarter met analysts' expectations, enabling it to confidently pursue this significant capital return initiative.

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D.E. Shaw to Return Billions to Investors After Successful Year for Flagship Hedge Fund

In a bold move following a remarkably successful year, D.E. Shaw Group has announced plans to return approximately $3 billion to its investors. This decision comes after the firm's flagship hedge fund achieved an impressive gain of 18% in 2024, marking one of the most fruitful performances in recent years.

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