Financial Services

DBS' liquidity not yet a concern: CIMB

DBS' liquidity not yet a concern: CIMB

But it is gradually diminishing as one of the positives of the DBS franchise, warns the analyst.

You won't believe but banks are facing revenue headwinds

The banking sector's net interest income in 2Q has shrunk for the first time since 4Q09.

Singapore dollar holds firm at $1.245

Many will now be looking to MAS for clues to whether it may shift its policy ahead of its next meeting in October, says IG Markets Singapore.

Singapore joins probe against JPMorgan

The US’ largest bank is now under investigation by at least 11 enforcement bodies.

Singapore dollar trades at $1.245

The local currency could face further pressure after revised Q2 GDP figures were released, says IG Markets Singapore.

UOB net interest margin under mounting pressure

The all-important bank performance and profitability measure could dip another 2bps.

UOB profit surges 3.6% to S$713m

Thanks to robust ASEAN businesses and gain on investments.

Singapore dollar struggles to hold onto gains

Traders have taken on a risk-on sentiment as eurozone issues calm down and US corporate earning perk up, says IG Markets.

UOB's 83-year old chairman Wee Cho Yaw to step down next year

The group assures sensible management transition with a former CEO of Singapore Exhange assuming position.

Slowdown looms as global lending growth drops to 3%

And Hong Kong is in the highest category of macro-risk due to bad lending.

Private sector credit in APAC to reach 148% of GDP by end-2012

The rapidly rising leverage will constrain the banks' upward rating momentum, says Fitch.

Jones Lang LaSalle unveils Secondary Market Bulletin trading platform

SMB is the first of its kind in Asia-Pac for unlisted real estate funds.

Asian banks urged to cut dividends by 50%: Barclays

Dividend cuts will be needed to fund regualtory capital increases.

Singapore dollar sustains gains

The local currency started the week testing the $1.24 level, says IG Markets Singapore.

Economic slowdown to impact DBS’ loan growth

Management now expects growth of about 10%, down from 13%, partly due to decelerating trade finance business.

OCBC's deteriorating asset quality finally recovers

Absolute non-performing loans declined 13% in 2Q12.

Two reasons why DBS hit record profits in 1H12

Limited asset-quality problems and cost controls overshadowed slower revenue growth.