Besides investment banking, the firm’s other main businesses there include trading, corporate and commercial banking as well as transaction services
The bank has reported a more modest 2.5% rise in trading revenues, with fixed income, currencies and commodities broadly stable
The firm’s 18 markets in Asia include Thailand, Singapore and South Korea
The city’s appeal as a safe haven amid turmoil in the Middle East and other regions has helped fuel the recent activity
The lender declares a dividend of S$0.81 per share, up from S$0.75 a year ago
Jerome Powell, whose term as chair ends May 15, can remain in his board seat until January 2028
Net interest margins are stable or continued to narrow across the banks, while non-performing loan ratios are largely stable
Despite rising bad loans from developers and consumers, the banks report steady non-performing loan (NPL) ratios
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