Oversea-Chinese Banking Corp (OCBC)

Broker's Calls

Banks’ earnings will erode as NIMs expected to fall near post-GFC low: DBS

SINGAPORE (July 22): Singapore banks are expected to see a 6% to 8% y-o-y decline in earnings in 2Q20 on the back of lower net interest margins (NIMs), according to DBS Group Research.

Oil

Winson Oil Trading takes OCBC to court, demands payment for Hin Leong deal

(June 5): The spectacular collapse of Singapore oil trader Hin Leong Trading (Pte) Ltd. has sparked another legal skirmish between one of its banks and a trading rival.

Broker's Calls

Retail REITs, retail and transport stocks poised to benefit from circuit breaker exit: DBS

SINGAPORE (June 1): As Singapore begins to ease the circuit breaker (CB) measures starting with Phase 1 on June 2, several stocks and real estate investment trusts (REITs) could emerge as beneficia

BANKS

DBS, OCBC, UOB set to post first profit decline since 2016

(Apr 29): All three of Singapore’s banks are expected to see profit declines for the first time since 2016 as they set aside cash for a potential spike in bad loans stemming from the coronavirus-fu

BANKS

DBS, OCBC, UOB likely to record impairments owing to Hin Leong Trading bankruptcy: Phillip Securities

SINGAPORE (April 22): The bankruptcy filing by Hin Leong Trading (HLT), a major oil trading firm in Singapore, is set to hit the three local banks, according to Phillip Securities.

Broker's Calls

Singapore banks could see softer growth momentum ahead, analysts warn

SINGAPORE (Dec 2): Singapore banks could see weaker margins ahead from falling interest rates, but analysts say growth could be lifted by overall positive momentum.

Fintech

Singtel said to be talking to Grab on Singapore digital bank bid

SINGAPORE (Nov 28): Singapore Telecommunications is in talks with companies including Grab Holdings Inc to jointly bid for a digital banking licence in the city-state, according to people familiar

M&A

OCBC said to decide against offer for Indonesia's Permata

(Nov 15): Oversea-Chinese Banking Corp.

Banking & finance

Event risk puts banks in the spotlight

Are the local banks sufficiently diversified to withstand the unrest in Hong Kong? Will they still be profitable and pay dividends?

Banking & finance

Banks look to a digital future; wealth management to support growth

(Nov 18): On Nov 14, 11 banks in Hong Kong, including HSBC, OCBC Wing Hang and DBS Hong Kong, announced branch closures because of the protests in the Special Administrative Region.

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