JP Morgan

Zest

Deutsche Bank to pay US$75 million to settle Epstein suit

Both Deutsche Bank and JP Morgan were accused by the victims or ignoring red flags in order to profit from Epstein’s business.
JP Morgan see downside to OCBC's results following 'soft' results from Great Eastern - THE EDGE SINGAPORE

Broker's Calls

JP Morgan sees downside to OCBC's results following 'soft' results from Great Eastern

OCBC will be reporting its 1QFY2023 results on May 10.

Zest

Run on banks; banking on a run

If STI goes positive by the year-end, our three local banks, accounting for 40% of the index benchmark, will certainly weigh in

Investing ideas

Emboldened Keppel hikes AUM target to $200 bil

According to Bloomberg’s compilation of sell-side calls, eight of the analysts tracked have either a “buy” or equivalent call.
The pivot in MAS’s policy came as no surprise to most analysts - THE EDGE SINGAPORE

Singapore economy

The pivot in MAS’s policy came as no surprise to most analysts

Some of the analysts have kept their 2023 GDP estimates while others have lowered their full-year expectations.

Broker's Calls

Late cycle dynamics limit upside, JP Morgan stays 'neutral' on DBS

Among Singaporean banks, JP Morgan continues to prefer OCBC and UOB.
Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain *updated* - THE EDGE SINGAPORE

Singapore economy

Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain

Singapore saw significant sectoral variation in its 4Q2022 GDP performance, and further divergence could lie ahead.
Analysts continue to like local banks but warn of slower growth - THE EDGE SINGAPORE

Zest

Analysts continue to like local banks but warn of slower growth

JP Morgan thinks Singapore bank share prices will fall later in 2023 owing to rising non-performing loans.

US Economy

Jamie Dimon says Fed may need to hike interest rates beyond 5%

"We were a little slow getting going."
JP Morgan downgrades DBS to 'neutral' as future earnings growth already priced in - THE EDGE SINGAPORE

Broker's Calls

JP Morgan downgrades DBS to 'neutral' as future earnings growth already priced in

JP Morgan analyst Harsh Wardhan Modi implies that DBS's NIM expansion may be limited in 2023.
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