SUBSCRIBERS
Brokers' Take
Published Wed, Oct 29, 2014 · 09:50 PM
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Singapore Banks
HSBC Global Research, Oct 29
Limited downside risks with valuation multiples hovering close to one standard deviation below historical averages. With high capital ratios and slowing loan growth, we believe DBS and UOB are in a position to pay out more dividends.
Rising interest rates will lift earnin…
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