Singapore banks

SINGAPORE (Nov 8): Singapore banks could see better days after the US Federal Reserve announces its rate hike later this year, according to RHB Research which is maintaining its “neutral” rating on the sector.

SINGAPORE (Oct 26): Deutsche Bank Markets Research says it expects “little change” in the fortunes of Singapore banks in their upcoming 3Q16 earnings announcements on the back of slowing revenue momentum.

SINGAPORE (Oct 19): CIMB is keeping its “underweight” rating on Singapore banks amid worries over further worsening in asset quality, ahead of the local banks’ 3Q earnings announcements.

SINGAPORE (Oct 12): Goldman Sachs expects 3Q to be muted quarter for DBS, OCBC and UOB, with margins coming pressure and muted credit growth. Meanwhile, the Singapore banks appear to be bracing for more defaults in the oil & gas sector though exposures sh

SINGAPORE (Oct 11): Singapore banks are well positioned to withstand losses from Asia’s oil and gas defaults, says Fitch Ratings.

SINGAPORE (Oct 10): OCBC Investment Research is keeping DBS on “buy” with a fair value estimate of $16.68 despite the Singapore banking sector facing the triple threat of a slowing economy, lacklustre loans, and challenges in several core sectors.

SINGAPORE (Oct 5): When Indonesia announced a tax amnesty in July to offer lower penalties to tax evaders, market watchers here expected Singapore banks to begin seeing large outflows in their assets under management.

SINGAPORE (Oct 3): The banking system data from August continued to show a depressed economy, as loans growth fell 5.2% from a year ago, despite an increase of 1% over July.

SINGAPORE (Sept 15): Private banks in Singapore are sharing with local police the names of clients embracing an Indonesian tax amnesty, people aware of the matter said, a move that could undermine the amnesty and damage the banks' business with their

SINGAPORE (Sept 8): Oil and gas player Swiber’s spectacular financial meltdown appears unlikely to significantly affect local banks, with UOB Kay Hian maintaining its “overweight” on the sector.