All banks have high gearing ratio, don't be surprised if the banks will have liquidity problems if all customers suddenly withdraw. We have to trust the bank can do their job, to earn money for us, give us interest and dividend, if have bad news, digest the news properly, maybe i can say this coz in Singapore government guarantees up to 75k. So hopefullywill not effect Singapore local banks 🙏 $DBS GROUP HOLDINGS LTD(D05.SI)$ $UNITED OVERSEAS BANK LIMITED(U11.SI)$ $OVERSEA-CHINESE BANKING CORP(O39.SI)$
For foreign bank, i like the most $Citigroup(C)$ ever bought when $70 sold $75 heng ❤️
Too long Citi drop, hope it can rise back 👍
So my strategy now wait the 4 drop very low then add, because my funds is limited, so i will try to catch the bottom as existing in red 😅
I still love them ❤️
Not investment advice my friends, just sharing my idea 😍
Modify on 2023-03-18 00:32
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Citi got lots of internal problem , alot of old saga too like CS. [LOL]