ANALYSTS have downgraded their ratings for Singapore banks following the Federal Reserve's emergency rate cut on Tuesday, with the rate cut expected to compress the net interest margins (NIM) reported by the trio.
SINGAPORE'S ultra high net worth individual (UHNWI) population registers among the highest growth rates globally despite its small population size, the Knight Frank Wealth Report 2020 has found.
HSBC Singapore plans to have 40 per cent of women in its most senior positions by 2022, up from 30 per cent currently. It has also set a target to have half of its managerial positions to be taken up by women by 2022, the bank said...
ASIAN Development Bank (ADB) opened its new office in Singapore, marking deepening efforts with the Republic to collaborate on some of the most pressing development challenges facing Asia and the Pacific.
HSBC Singapore plans to have 40 per cent of women in its most senior positions by 2022, up from its 30 per cent currently. It has also set a target to have half of its managerial positions to be taken up by women by 2022, the bank...
ANALYSTS are expecting a compression on the net interest margins (NIM) of Singapore banks in their fiscal 2020 forecast following the Federal Reserve's emergency rate cut.
ANALYSTS are expecting a compression on the net interest margins (NIM) of Singapore banks in their fiscal 2020 forecast following the Federal Reserve's emergency rate cut.
THE surprise rate cut by the US Federal Reserve overnight has only added to the skittishness about the strength of economic growth ahead, and with that, banks here have become enveloped in further uncertainty.
WITH the surprise rate cut by the US Federal Reserve overnight, some analysts are likely tearing up their earnings and dividend estimates for the Singapore banks for 2020.
CITI Research on Wednesday slashed its target prices for Singapore banks, and shaved down its earnings estimates for the trio by 4-8 per cent after the US Federal Reserve made an emergency rate cut of half a percentage point overnight in response to the Covid-19 outbreak.  ...
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