Taiwan - Financial Groups Profit Demise
Taiwan's financial holding companies are reporting dwindling monthly profit through May and some with losses. This is driven by insurance, but banking may add to their woes.
- Monthly numbers through May show a meaningful deterioration in revenue and profit
- We are doubtful that June brings a rebound, given more volatility, higher risk
- Higher rates, higher reserve requirements, can mean less lending, less NIM
Full analysis here:- https://www.smartkarma.com/insights/taiwan-financial-groups-profit-demise?utm_source=tiger_community
By Daniel Tabbush, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/daniel-tabbush?utm_source=tiger_community
On Thematic (Sector/Industry) - https://www.smartkarma.com/collections/thematic-strategy?utm_source=tiger_community
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
👍