Oversea Chinese Banking Corp. – The Credit Turn Is Official
OVERSEA CHINESE BANKING: OCBC reported 1Q21 QOQ net profit growth of 24.0% driven by a provision reduction and one-time gain at Great Eastern. We...
221 Views
Bank Credit Weekly: Jobs Report Shocker Flattens Curves
Job data raises uncertainty as the Fed continues to act as bartender. Financial stability risks appear binary while rates push credit spreads. Can...
211 Views
DBS Group Holdings – Not Sure Whether To Laugh Or Cry
DBS GROUP HOLDINGS: DBS reported a 98.5% QOQ 1Q21 results increase due to lower provision and non-operating gains. Given all of these...
395 Views
STI Chalks Up Strongest Start to a Year Since 1999
With 13.2% price gains over the first four months of 2021, this has been the strongest start to a calendar year for the STI since 1999. The STI...
458 Views
DBS Group Holdings – Pricey China Deal
DBS GROUP HOLDINGS: DBS is acquiring a 13% stake in the privately-held SRCB for USD 814.3 mn. P/BV amounts to 0.92x – which is still 41.5% higher...
298 Views