Financial Services
UOB is the sore loser in Singapore banks’ bad loans tally
UOB is the sore loser in Singapore banks’ bad loans tally
O&G troubles pulled non-performing loan ratio to new highs.
Here’s why you can forget an income rebound for DBS in H2
For starters, Swiber will likely have a contagion impact.
Will the O&G market's increasing turbulence capsize Singapore banks’ credit profiles?
Loss-absorption buffers have never been more vital.
Daily Briefing: Aberdeen sniffs bargain amid local banks’ debt panic; More oil bond defaults haunt Singapore
And Singapore balks on Lockheed’s jets sale.
DBS’ bad debts for transport sector creep up to 2.1% in 2Q16
Analysts are worried if DBS’ provisions are enough to offset this.
Hefty bonuses lure banking professionals to Singapore’s local banks
Bonuses in big banks used to be 40%--how have the times changed?
Daily Briefing: Final decision on Lockheed's F-35 jets on hold; DBS caught in deep financial web
And here are the 7 most unique Singaporean landmarks.
DBS’ net profit slips 6% to $1.05b
Group’s bad debt rose to $150 million.
Daily Briefing: DBS profit plummets on Swiber provisions; Half of Singaporeans looking to buy home
And here are Singapore’s most unique landmarks.
Singapore banks bleed as Swiber fiasco drags on energy firms: Bloomberg
SGX Oil and Gas index sank to new lows.
Chart of the day: Here's why O&G exposure might decimate Singapore’s banking giants
DBS’ pre-provision income could crumble by over 60%.
CPF unveils new “escalating plan” for retirement payout scheme
Monthly payout increases 2% per year.
Daily Briefing: SGX makes formal offer for Baltic Exchange; DBS gave Swiber bridging loan before wind-up application
And ex-Keppel agent says managers backed bribes.
MAS unveils panel to monitor international developments in FinTech
It will comprise of innovation officers from financial institutions.
Here’s why Singapore banks face plummeting asset quality amidst Swiber fiasco
DBS’ earnings are expected to take a 3.1% hit.
OUE Hospitality Trust’s DPU drops 39.5 % to 0.92 cents
Full-year outlook is also not very welcoming.
Fintech startup led by two students scores first bank partnership with DBS
It secured around $ 1.7M funding.