12/24/2020

OCBC First Bank To Extend SORA-Linked Home Loans

The SORA home loan package offered by OCBC references the three-month Compounded Sora – a backward-looking overnight rate that is published by the Monetary Authority of Singapore (MAS).

12/22/2020

Lessons from 2020

Academics have argued for years that the US is past its best.

12/22/2020

China Adds First Bad Debt Manager in Over 20 Years

According to data from the regulator, outstanding non-performing loans at Chinese commercial banks reached 2.8 trillion yuan ($430 billion) at the end of the third quarter, the highest since at least March 2009.

12/22/2020

RBC Wealth Management Grows Alts Offering

RBC Wealth Management, which has C$1.1 trillion of assets under administration and C$836 billion of assets under management, has made Asia’s global families a focus of its growth efforts in the region.

12/21/2020

MAST 2021 Outlook: The Great Normalization

After a challenging 2020, we are optimistic 2021 will be much better although it may take a few months to get the pieces in place for a pronounced recovery.

12/18/2020

Bank owned advice group culls low touch clients

The institutionally-owned high-net-worth advice group has written to general advice clients recommending they commence self-directed investing, as its parent company pursues a strategy to target wealthier individuals.