Banks

Higher rates can also lead to slower economic activity, dampening capital market activity and demand for loans

The Swiss parliament is set to discuss how much capital the bank must hold to back its foreign subsidiaries

The brokerage sees recent weakness in the bank’s Hong Kong-listed shares as an attractive buying opportunity

Higher funding costs propel some floating mortgage rates to as high as 19%

This will be the largest foreign direct investment in South Asian country’s financial sector, if completed

Sustained weakness in bank stocks can be a troubling sign for the economy

Still, the lending environment remains ‘favourable’; calls on OCBC and UOB are mixed

The third-ranked local bank may soon need to scale up for long-term sustainability

He also notes at DBS forum with the bank’s CEO Tan Su Shan how firms can manage AI’s impact on jobs and operations