Markets
Stable playing field a gain for Singapore banks: report
Stable playing field a gain for Singapore banks: report
High credit costs can be covered by profits.
Asian banks face consolidation as fintechs, neobanks usurp market
Banks’ hopes for survival lie in the US$100b of new revenue opportunities, reports McKinsey & Co.
Singapore allows finance firms to reopen select locations starting 2 June
But most staff will continue to work from home.
Chinese central bank should dodge bond buying: adviser
It could lead to inflation and the depreciation of the yuan.
Weekly Global News Wrap: Spanish banks reopen; StanChart defends climate goals after carbon finance flak
And Morgan Stanley agrees to pay $5m fine.
Singapore's Big Three banks fell in Q1 as pandemic persists
Compressed net interest margin and rise in non-performing loans are to be expected, according to analysts.
Volatility spells investment losses for Thai non-bank financial firms
Higher NPLs and credit costs may set in once measures expire.
Chinese banks still see long-term stability ahead
The sector is cushioned enough to absorb eroding asset quality.
Coronavirus to amplify hierarchy in Chinese banks: analysis
Banks with high exposure to SMEs will bear the brunt of the epidemic.
Economic woes fuel pressure on COVID-hit Japanese banks: Fitch Ratings
Asset quality will likely decay faster than estimated, impeding efforts to sustain profits.
Sri Lankan banks face medium-term deterioration
Weaker profitability will weigh on capitalisation.
Singapore banks urged to use capital buffers
The regulator has eased funding requirements to allow for more losses.
Weekly Global News Wrap: US Fed to grant funds vs payroll loans; Germany ‘worried' if banks can survive economic crisis
And Wells Fargo caps coronavirus relief at $10b.
Singapore monetary board relaxes regulations for COVID-hit banks
Banks can now adjust their capital buffers to support lending activities.
Commercial banks key to protecting COVID-hit Malaysian economy
The sector has enough liquidity to buttress embattled businesses.
Singapore monetary board names new assistant managing director
Celine Sia will hold the position for economics and knowledge management.
Challenging times ahead for Singapore's banking industry
Delinquencies are sighted to rise from SMEs, large corporates, and retail customers.
Commentary
Why high capital levels are a double-edged sword for Singapore banks