Singapore Stock Market News

Singapore Banks - D-SIB announced

StockFanatic
Publish date: Mon, 04 May 2015, 12:19 PM
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■ MAS announces banks that qualify as D-SIB - DBS, OCBC, UOB, Citibank, Maybank, Stanchart and HSBC

■ Singapore banks are well capitalised; no pressure to raise capital

■ D-SIB foreign banks would need to locally incorporate their operations (eg. Maybank)
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