banks

Banks ride tailwind of higher interest rates - THE EDGE SINGAPORE

Banking & finance

Banks ride tailwind of higher interest rates

Comparing the banks as they ride tailwind of rate hikes, while investors focus on Asean, China+1

Banking & finance

Asian banks are luring investors who think they're a safer bet

The banking turmoil may also mean that Asian tech money invested in the US could now begin to make its way back.

Broker's Calls

JP Morgan downgrades local banks as NIMs peak, costs rise, growth slows

As NIM peaks, costs rise, and growth slows, JP Morgan downgrades local banks

Tong's Portfolio

Arguments for keeping domestic interest rates relatively low

But keeping interest rates low comes at a price … There’s no free lunch in economics.
Tailwind lifts profits of local banks as they chart growth trajectories - THE EDGE SINGAPORE

Banking & finance

Tailwind lifts profits of local banks as they chart growth trajectories

Banks' double-digit earnings growth were buoyed by NII. DBS, UOB have a cautious 2023 outlook, OCBC is a lot more positive

Results

OCBC reports record quarterly earnings of $1.6 billion, up 31% y-o-y

OCBC's net interest margin increased by 54 basis points to 2.06% for 3QFY2022.

Results

StanChart beats estimates as higher rates stoke profits

"We remain confident in the delivery of our 2024 financial targets."

China Focus

China rolls out property policies across nation to fix slump

China’s US$2.4 trillion new-home market has shown little sign of recovery

China Focus

China seeks to stabilise property market with loans, lower rates

“Lower mortgage rates could help sales stabilize, especially at a time when household expectations are so weak.”
Banks navigate China slowdown with caution - THE EDGE SINGAPORE

Banking & finance

Banks navigate China slowdown with caution

Banks' higher NII have offset weakness in wealth management and a slowdown in China. Can this continue?
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