banks

David Yong: From timber heir to bank owner - THE EDGE SINGAPORE

Interview

David Yong: From timber heir to bank owner

The CEO of Evergreen Group Holdings talks about his journey from an eight-year-old in Myanmar to a multinational entrepreneur
What analysts expect from the 3Q results of banks - THE EDGE SINGAPORE

Zest

What analysts expect from the 3Q results of banks

Competition for loans is expected to continue to intensify as mortgage rates dip below 3-month Sora
Support for the Straits Times Index is at 3,230 as banks turn into dividend plays - THE EDGE SINGAPORE

Right Timing

Support for the Straits Times Index is at 3,230 as banks turn into dividend plays

As the Straits Times Index declines towards 3,230, banks turn into dividend plays

Zest

Grab, Sea push Singapore to lift digital banks' deposit cap

Time is also ticking for these digibanks owned by non-financial firms to boost scale

Zest

Singapore bids Libor farewell with surge in Sora derivatives

Libor is being published for the last time on Friday.
Banks ride tailwind of higher interest rates - THE EDGE SINGAPORE

Zest

Banks ride tailwind of higher interest rates

Comparing the banks as they ride tailwind of rate hikes, while investors focus on Asean, China+1

Zest

Asian banks are luring investors who think they're a safer bet

The banking turmoil may also mean that Asian tech money invested in the US could now begin to make its way back.

Broker's Calls

JP Morgan downgrades local banks as NIMs peak, costs rise, growth slows

As NIM peaks, costs rise, and growth slows, JP Morgan downgrades local banks

Tong's Portfolio

Arguments for keeping domestic interest rates relatively low

But keeping interest rates low comes at a price … There’s no free lunch in economics.
Tailwind lifts profits of local banks as they chart growth trajectories - THE EDGE SINGAPORE

Zest

Tailwind lifts profits of local banks as they chart growth trajectories

Banks' double-digit earnings growth were buoyed by NII. DBS, UOB have a cautious 2023 outlook, OCBC is a lot more positive
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