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banking and finance
Malaysian banks unswayed by moves to cut dividends
Unlike the UK or Vietnam which have advised lenders to cut or delay dividends, Malaysia has imposed no such guidance, with analysts expecting banks to maintain their dividend policy.
April 13, 2020
Malaysia
Will banks suspend dividends?
A check with the country’s largest bank by assets Malayan Banking reveals that it has no plan to scrap its dividend payouts to shareholders.
April 09, 2020
Regulatory Action
MAS extends help to financial institutions so customers' needs are met
The Monetary Authority of Singapore (MAS) says it will adjust selected regulatory requirements and supervisory programmes so financial institutions can continue providing for their customers seamlessly in this month-long ‘circuit-breaker’.
April 07, 2020
Zest
Singapore retail investors use cheap cash to load up on stocks
“As Asians, our parents always tell us ‘Don’t borrow money, repay your mortgage as soon as possible’,” said Heng, whose initial $170,000 share portfolio now totals about $135,000. “But money is so cheap.”
April 05, 2020
Global Economy
Briefs
With business optimism sinking to all-time low levels, and landlords being pushed to pass on their full tax rebates to their tenants, here's what's going on in the market this week.
April 03, 2020
Zest
50 years of moving, and expanding
UOB Kay Hian's physical location might move, but business will go on — as it had for the past 50 years.
March 20, 2020
Zest
Potential privatisation; foreseeable consolidation?
Endowus, as Choo explains, is a very efficient way for investors who are aiming for a consistent 7–8% returns from a broadly diversified portfolio.
March 20, 2020
Malaysia
A testing time for banks
(Feb 21): The shares of more than 60% of local banks are currently trading below book value, a plight last seen in 1997 and 2008.
February 21, 2020
Malaysia
How Bank Rakyat plans to stay relevant amid industry upheaval
(Feb 20): The next five years will be crucial for Bank Rakyat as it looks to keep itself relevant amid a fast-changing landscape that will also see rival development financial institutions (DFI) merging in order to compete better.
February 21, 2020
Zest
Goldman Sachs loses US$10 bil wealth teams to rival banks
Teams of advisers overseeing US$10 billion ($13.9 billion) in assets are leaving for rivals. A group headed by Denis Cleary and Gregory Devine with US$6 billion in assets under management will move to UBS Group AG.
February 19, 2020