Credit Suisse

Broker's Calls

Yields still under pressure for SIA group

SINGAPORE (Oct 18): Credit Suisse says competitive pressure will remain on Singapore Airlines’ passenger yield although the investment bank likes its strategy of portfolio of airlines and multi-hub strategy.

Which private bank top assets under management in Asia Pacific?

SINGAPORE (Oct 17): Restructuring and M&A activity has slowed down the overall AUMs of private banks in the Asia Pacific region, according to a survey by Private Banker International.

UOB’s Basel-III compliant Tier 2 notes 7.3 times subscribed

SINGAPORE (Sept 1): United Overseas Bank (UOB) says it will be issuing US$600 million worth of 2.88% Basel III-compliant Tier 2 subordinated notes on Sept 8.

Financial institutions take 8 fintech startups under their wing

SINGAPORE (Aug 22): Eight financial technology (fintech) companies on Monday are starting a 12-week mentorship programme in the third annual FinTech Innovation Lab Asia-Pacific.

In print this week

Will Europe unravel?

SINGAPORE (Aug 1): Markets have rebounded since the UK voted to withdraw from the European Union on June 23, with the Standard & Poor’s 500 index and FTSE 100 touching 12-month highs and the pound sterling back above 1.30 versus the US dollar.
ComfortDelGro

Broker's Calls

Will ComfortDelGro ride on new rail financing framework?

SINGAPORE (July 20): Credit Suisse has maintained its “outperform” rating for transport operator ComfortDelGro (CD) with a lower target price of $3.53, from $3.70 previously.

Olam to issue US$500 mil of perpetual capital securities

SINGAPORE (July 14): Olam International is to issue US$500 million ($674 million) of perpetual capital securities under its US$5 billion Euro Medium Term Note (EMTN) Programme.

Market watchers give Mapletree Commercial’s latest acquisition the nod

SINGAPORE (July 7): Mapletree Commercial Trust announced on Tuesday that it would acquire the office and business park space of Mapletree Business City Phase 1 for $1.86 billion, a move that analysts have welcomed.
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