Financial Services
Chart of the Day: Oil and gas woes are taking their toll on Singapore banks
UOB and OCBC are particularly vulnerable.
Market panic overdone, says DBS
Fundamentals are sound, CEO Gupta says.
One in three Singaporean investors saddled with hefty debts: report
Investors are living beyond their means.
Confident DBS brushes off oil and gas debt threat
It will survive even if oil falls to US$20 per barrel.
DBS’ net profit jumps by 20% to $1b
On back of higher non-interest income.
Chart of the Day: Bank lending slows to a crawl as home vacancies hit record high
Loan growth will hover at just 1.5%.
UOB pins hopes on deepening client relationships to revitalise loan growth
Its loan growth was a lacklustre 2% qoq.
This is a make-or-break year for OCBC’s management: analysts
It’s poised to see more asset quality deterioration.
Learn why this price alert app is attracting funds from some Asian finance titans
Call Levels raised US$500,000 at Pre-Series A funding.
Bad O&G loans to dent UOB, OCBC’s profits in 2016: Moody’s
Even collateralised loans are at risk.
UOB’s Singapore-centric strategy will backfire in 2016, say analysts
Meanwhile, industry peers are raking in overseas contributions.
Banking sector to get a facelift as Singapore launches new tripartite committee
MAS, NTUC have teamed up to upgrade the industry.
Wing Fung Futures joins SGX’s derivatives market
There are now 49 derivatives trading members.
UOB risks losing over $2b if oil prices stay depressed, say analysts
Its oil and gas exposure is raising concerns.
OCBC’s net profit inches up 2% to $3.91b in FY15
Thanks to associates’ increased contributions.
5 things you need to know about young Singaporeans and their retirement plans
They are motivated but are hindered by 2 major impediments.
Read Here
Advertise
Sign Up
