banks

UOB Kay Hian has been involved in at least half of the Singapore IPOs. Choo points out that such a phenomenon is not new at all, and certainly not due to a new worry such as the Covid-19 outbreak.

This past week, investors around the world have been compelled to swallow and digest fast-unfolding news by the day, if not the hour. The widening Cov­id-19 outbreak and the shocking break­down of ties between Saudi Arabia and Russ

While investors expect credit costs to rise, the banks’ top management have moderated ex­pectations. For instance, all three banks guid­ed on credit costs rising by single-digit basis points.

SINGAPORE (Feb 7): In recent weeks, normal activities in Asia came to a standstill and borders were closed as governments fight to stop the spread of the coronavirus first reported in China.

banks, CET1, Hong Kong Greater China

 SINGAPORE (Jan 20): DBS Group Holdings is likely to face an increasing number of challenges this year, but none of them should involve the new digital banks. Glob­ally low interest rates may pressure the net interest margins of banks in general and

According to analysts polled by Bloomb­erg, DBS Group Holdings is likely to report the highest growth in prof­it after tax (NPAT) for FY2019 end­ed Dec 31, 2019, of 12.3% (see table 1). Oversea-Chinese Banking Corp is likely to report a 6.1% rise in NP

local banks in favour from dividend lift

(Jan 1): Deposits by non-residents in Singapore banks rose 2.6% in November to $51.1 billion, the eighth consecutive month of gains, according to Monetary Authority of Singapore data.

(Dec 27): Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to digital technology.