Ask anyone which international banks around the world are the strongest and the answer would probably be Citigroup, HSBC or UBS.
Turns out in a latest survey by Bloomberg, OCBC is rated as the world’s strongest banks.
UOB and DBS isn’t shabby at 5 and 6 as well.
This ranking ranks banks not on size but their ability to stay liquid and strong. Thus this is a stamp on these 3 banks and MAS’s job to ensure banks are great and efficient.
Yea right. Does any investor in Wall Street or the great financial capitals of the world even know DBS, UOB, OCBC? Most likely you will hear a “huh??” from them.
lol Regime! thats true, but if the firm is a great firm they would have got wind of it.
Peter Schiff and Ken Fisher have recommended Singapore companies as do Third Avenue Asset Management.
Care to add in some bank stocks to your dividend tracker?
Hi Raymond i will evaluate and think about this. Perhaps about time.