Comment & Analysis
Analysis: Bottoming out – Singapore banks' earnings upgrades signal turning point for sector
Singapore banks are seeing a sharp upgrade to next year’s earnings estimates as wealth management fees surge and losses on coronavirus-related loans ease, pointing to a recovery in Asia’s banking industry. Net income estimates for DBS DBSM.SI, Oversea-Chinese Banking Corp OCBC.SI and United Overseas Bank UOBH.SI for 2021 have risen…
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Click here to read the full story: Reuters