DBS – Reckoning At Quarter End
As we near the quarter end, it is worth examining how far we have come from the dire days early in the year. With media hype and fear-fueled...
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Asia Banks – Watch Your Anti-Money Laundering Risk Again
* ICIJ Points Fingers Post-Swedbank Fiasco: The International Consortium of Investigative Journalists (ICIJ) reviewed over 2,100 suspicious...
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Bank Credit Weekly: FOMC Meeting May Determine Near-Term Risk Sentiment
Weakening oil prices, a flattening US$ yield curve and rising Eurodollar futures together point to a decline in economic demand prospects combined...
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Bank Credit Compass: September Expectations and August Performance in Asia
We may be closer to market tights in terms of credit spreads than we expected one week ago. We are not convinced that the Fed can meet its new.. .
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Malayan Banking – Tapped By The Ugly Stick
*Awful Bottom-line: Malayan Banking (MAY.MK) [Maybank] reported 2Q20 NPAT of MYR 923 mn, declining MYR 127 mn (55%) linked quarter. If the stated...
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