To The Moon

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.

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.  

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.  

STel is still a disappointment.  Hopefully it will have a more defined strategy in light of the AI landscape.

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.

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.

A sure sign that Singapore is the global rich man playground.

What is the interest rate trend of singapore 

A small step toward the goal.

Fed will take the opportunity to pause and seeif there is a need to continue to raise rates.