APAC banks could see M&As, not so much for Singapore: report
Add BT as a preferred source
Tay Peck Gek
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ASIA-PACIFIC banks have to be cost-efficient or prepare to be acquired, warned McKinsey & Company. But there is considerably less room for consolidation in Singapore.
The American management consulting firm McKinsey, in its Asia-Pacific Banking Review released on July 2, said that financial institutions in the region are headed into a "perfect storm".
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
