Traditionally, DBS is the biggest beneficiary of higher interbank rates due to the historical acquisition of POSB, making her the biggest deposit base with the lowest loan deposit ratio. However we have seen in recent years that the wealth management areas has become the most important part of profit and will continue to be. This is also true of the other 2 local banks. Thus, with the integration of GE into OCBC, I would pitted OC ahead of UOB.
I go for OCBC, especially for the value released after the integration with GE. Streamlining of operation and corporate office function and a integrate suite of financial services will have more value creation for both shareholders and clients.
Instead of buying a spread of EV stocks and managing it on our own, would it be better to buy into a EV ETF and will equally spread the risks and participate in the growth of EV future? I would prefer the later.
Better Buy: Tesla or Equal Parts of Lucid, Rivian, Nio, and Ford?
$SINGAPORE AIRLINES LTD(C6L.SI)$In light of the fundamental changes in the covid situation resulting in the opening of the many flight routes, the market looks positive to continue to trend up. This will be boostered by the better results in the coming quarters with the expansion of business. Technically there is a void gap between 5.92 to 6.17, which will be tested, if not filled. Thus a major target should beto break 5.92 to 6 region, which will be a physiological resistance.
In light of the Chinese environment, raising capital via convertible bond plan is a great strategy as liquidity is foremost in this market. Such cheap funding do come with a price, which in this case is dilution of the existing shareholders as it expands the share base and also lower the overall book value per share. But overall this does give the company more flexibility and controls in this crucial period and will probably give the company many potential cheap acquisitions down the road.
Ping An Insurance Shares Drop in Wake of $3.5 Billion Convertible Bond Plan
As DBS is net long in term of deposits due to the historical advantage of POSB accounts, higher interest rate will benefit DBS more and as such basing on this parameter, DBS will be prime beneficiary.
Interest Rates Are Soaring: Will Singapore’s Banks Benefit?
Singapore has become the new wealthy citizen's playground. This has greatly enhanced the GDP of singapore. Is this the right policy that benefits the ordinary singaporean? I am having my doubts.
Expansion of these 2 companies will overlap and what is keeping the two from collaboration? A merger of these 2 would make nations tremble with fear as their control would be formidable. Just a wild card.
Apple vs. Tesla: Can the World's Most Valuable Company Compete against Elon Musk?
In risk management we are concerned about keyman risk and now we have a key system risk that even in BCP, we have not considered fully. This risk needs to be addressed in all sectors of our economy and it is time that regulators should also step in to relook the degree of concentration (thus, control) such key system has on our economy.
How a Routine CrowdStrike Update Crashed the World’s Computers
Banks are greatly affected by loan quality and interst rates. Going into 2022, loan quality may improve due to improve market activities as COVID comes under control, however increased in interest may dampened demand and increased loan burden. Thus it is critical to examine the bank loan to deposit ratio, the lower the ratio, the better the performance of that bank as interest rate increased
US STOCKS-Dow Closes Lower after Disappointing Bank Results