Unplugged: Spotlight on Developed Market Banks

In our latest episode of Bank of Singapore Unplugged, our specialists deep-dive into the outlook for developed market banks. The woes in commercial real estate, especially in the US are well documented, however, concerns are now spreading to lenders of some distressed assets, putting global financial companies in the spotlight. More recently, one of the banks in the US reported a larger-than-expected allowance for loan losses arising primarily from its material commercial real estate exposure, and this has made investors somewhat nervous about banks again. Is this likely to be a structural concern for global banks? Additionally, with the street now expecting interest rates to fall especially in the second half of the year, what does this mean for the outlook of the financial sector?Tune in to our latest episode featuring: Aleen Lee, Fixed Income Research Analyst Andy Wong, Equity Research Analyst Moderated by Joseph Ng, Investment Strategist