Financial Services
Banks' earnings growth to be subdued in 2012
But without a global financial crisis scenario, the bleak outlook in 1H12 should revert positively in 2H12.
Banks' earnings growth to be subdued in 2012
But without a global financial crisis scenario, the bleak outlook in 1H12 should revert positively in 2H12.
DBS forms a Taiwan subsidiary
It was created as part of a so-called greater China strategy.
Demand for equities expected to remain structurally weak
Strategists cited prolonged risk aversion, regulatory changes, and deteriorating demographics as factors.
DBS is analyst’s top pick over OCBC and UOB
Well it’s not surprising as DBS’s ROEs leapfrogged its peers in 3Q in a climate of poor capital markets and low interest rates.
UOB's profit seen to have increased 10% in 4Q11
An analyst expects the bank to post a S$574m net profit when it announces its 4Q11 results on 24 February.
Will OCBC’s increased US$ trade finance loans continue?
CIMB expects a loan growth of 6% qoq despite high US$ LDR and a general scarcity of dollar deposits in the system.
Macquarie Group appoints Alex Harvey CEO of Asia
Mr. Harvey is currently an Executive Director in Macquarie Capital and Global Head of the Telecommunications, Media, Entertainment and Technology...
DBS seen to post S$700m net profit
But loan growth is expected to slow to 4% qoq.
Commercial insurance rates seen to surge
Rate increases of over 30% are being experienced in disaster-hit regions across Asia.
Loan growth to slow significantly to a mere 8% in 2012
This is a depressing figure compared to 2011’s 30.3% growth.
Finance professionals bearish on job bonuses
53% of respondents expect smaller or no extra compensation for their work in 2011.
SGX begins offering virtual environments to listed companies
New corporate service offered through new partnership with InterCall Asia Pacific.
How will the EU bank deleveraging affect Asian credit?
It would probably dry up a source of wholesale FX funding for banks and impede their ability to offer FX loans to clients, and Singapore is not an...
MasterCard expands regional headquarter activities in Singapore
The Singapore headquarters will act as a command and control center for intellectual property management, brand management, and to spearhead and...
Indian banks burdened with bad loans?
Share of loans restructered could ballon to 8% in the coming year, warns Fitch.
MAS implements new CRA regulatory framework
Existing Credit Rating Agencies will be given a transition period of 6 months to apply for the required licence.
OCBC appoints Samuel Nag Tsien as Chief Executive Officer
Mr Tsien is an internal candidate having the right skills, qualifications and experience, to assume the post.
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