banks

In the past 10 years, the local banks have given investors decent returns. DBS Group Holdings’ total shareholder returns stand at 157%, or a compound annual growth rate of 9.9%. Oversea-Chinese Banking Corp (OCBC) has returned 84.6% in the past decade,

SINGAPORE (Sept 16): Behind the scenes at some of the world’s biggest banks, small teams of employees are busy trying to calculate what might prove to be one of the most important numbers any financial institution will ever disclose: how much the assets

(May 7): Singapore is discussing the possibility of allowing virtual banks to operate in the city state, the Monetary Authority of Singapore said Tuesday.

SINGAPORE (Jan 23): RHB Research has an “overweight” rating on banks for the sector’s strong growth and high yields; the consumer and industrial space as defensive sector picks; as well as REITs that are beneficiaries of improving economic activity,

SINGAPORE (Jan 8): Credit Suisse is recommending Singapore investors stick with a portfolio of quality, high-yield stocks and stocks with low embedded expectations to ride out any volatility in 2019 while positioning for a market recovery.

SINGAPORE (July 24): The Monetary Authority of Singapore (MAS) has ordered banks and other financial institutions to tighten their customer verification processes.

SINGAPORE (July 16): RHB Research is upgrading Singapore’s banking sector to “overweight” from “neutral” on expected widening NIM (net interest margin) despite the property cooling measures.

SINGAPORE (Apr 16): Phillip Capital is of the view that Singapore’s oil and gas (O&G) sector is facing an extended period of soft conditions.