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Banking stocks set to be range-bound: JPMorgan

Delay in Fed rate hike, slowing loan growth seen impacting Singapore lenders

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A roll-back in expectations of a hike in rates by the US Federal Reserve, slowing loan growth and a potential lift in asset deterioration could give some pause to investors looking at the Singapore banking sector, a JPMorgan report suggested.

Singapore

A ROLL-BACK in expectations of a hike in rates by the US Federal Reserve, slowing loan growth and a potential lift in asset deterioration could give some pause to investors looking at the Singapore banking sector, a JPMorgan report suggested.

"We expect negative revisions...

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