Financial Services
Confident DBS brushes off oil and gas debt threat
It will survive even if oil falls to US$20 per barrel.
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.
Daily Briefing: OCBC beats estimates with 21% profit gain; UOB profit barely rises
And Singapore turns colonial airstrip into hub.
Principal Global Investores names Monica Tang director of fund distribution for SEA
As part of regional business development thrusts.
Wing Tai launches new fund management subsidiary
It will invest through core, coreplus/value-add strategies.
UOB’s FY15 net profits dip 1.2% to $3.21b
Due to a higher tax provisions write-back in FY14.
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