excess capital is target of takeover
https://www.straitstimes.com/business/banking/ocbcs-up-to-7-billion-excess-capital-may-spark-deals-report
https://www.straitstimes.com/business/banking/ocbcs-up-to-7-billion-excess-capital-may-spark-deals-report
chartistkao1 ( Date: 21-Sep-2022 15:12) Posted:
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https://www.bbc.com/news/business-29227597
 
 
https://www.youtube.com/watch?v=nAjJ9AamrQ0
 
chartistkao1 ( Date: 21-Sep-2022 13:58) Posted:
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https://www.reuters.com/article/us-markets-stocks-idUSTRE4963K420081008
 
 
https://www.youtube.com/watch?v=IzfockTg57g
kaochartist ( Date: 28-Jul-2022 14:35) Posted:
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GIC and its overseas investment
https://www.youtube.com/watch?v=u71S24NETQ0
 
https://www.ft.com/content/57d318ca-19bd-44f5-b7b3-ca25f9ec7270
kaochartist ( Date: 25-Jul-2022 16:59) Posted:
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the cpmsolidation of banks and divestment of property and non core assets after 1997
https://www.youtube.com/watch?v=9bCp7j3nC30
https://www.youtube.com/watch?v=9bCp7j3nC30
kaochartist ( Date: 25-Jul-2022 16:56) Posted:
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ocbc bank share investing after 1997
https://www.youtube.com/watch?v=1ErAP-RMJ1U
https://www.youtube.com/watch?v=1ErAP-RMJ1U
kaochartist ( Date: 30-May-2022 09:23) Posted:
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all our sg listed companies add up not even amount to
https://finance.yahoo.com/news/fed-carrying-330b-unrealized-losses-190811708.html
 
a only us can afford to loss that amount  of money!
kaochartist ( Date: 30-May-2022 09:20) Posted:
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will the asean company that borrow in usd from 2009 to 2022 have to pay more to service usd debts after
https://m.economictimes.com/news/international/business/us-fed-carrying-330-billion-in-unrealized-losses-on-its-assets-q1-financial-statement/amp_articleshow/91845610.cms
 
usd sgd-1.365
kaochartist ( Date: 30-May-2022 09:15) Posted:
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https://www.businesstimes.com.sg/banking-finance/fed-carrying-us330b-in-unrealised-losses-on-its-assets-according-to-q1-financial
kaochartist ( Date: 30-May-2022 09:09) Posted:
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the $330m additional capital requirement is enough to buy another bank in oct 2022
https://www.reuters.com/article/us-barclays-ocbc-wealth-idUSKCN0X400H
https://www.reuters.com/article/us-barclays-ocbc-wealth-idUSKCN0X400H
kaochartist ( Date: 30-May-2022 09:05) Posted:
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Overseas funds looking into bargain hunt after may 2022
https://www.businesstimes.com.sg/companies-markets/singapore-banks-tech-reits-favoured-by-analysts-amid-growth-inflation-concerns
 
https://www.straitstimes.com/business/banking/ocbc-shares-rise-even-as-mas-slaps-on-330m-additional-capital-requirement
ocbc top pick after the surprise additional $330m additional capital requirements slap on ocbc
ocbc top pick after the surprise additional $330m additional capital requirements slap on ocbc
Joelton ( Date: 28-May-2022 11:34) Posted:
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OCBC shares rise even as MAS slaps on $330m additional capital requirement
SINGAPORE - OCBC Bank shares climbed on Friday (May 27) even as the financial regulator slapped a $330 million additional capital requirement on Singapore' s second-largest bank the day before.
 
The move means that OCBC has to set aside more funds, which could have instead been used for the likes of investments and hiring, to buffer against operational risks. However, the bank already maintains capital buffers that exceed the minimum level for Singapore banks.
 
OCBC shares closed 0.34 per cent higher at $11.70 on Friday, following the announcement on Thursday evening. 
 
Its peers DBS Bank and UOB rose 0.23 per cent and 0.93 per cent respectively, while the Straits Times Index gained 0.67 per cent.
 
The Monetary Authority of Singapore (MAS) imposed the requirement on OCBC in the light of deficiencies in the bank' s response to a wave of spoofed SMS phishing scams last December in which 790 victims lost $13.7 million.
 
OCBC has since arranged goodwill payouts to those affected and put in place measures such as a " kill switch" that lets customers freeze their bank accounts if they suspect that they have been scammed.
 
MAS' move will affect OCBC' s common equity tier 1 (CET-1) ratio - which measures a bank' s core equity capital compared with its total risk-weighted assets. The ratio indicates a bank' s financial strength and ability to withstand risks.
 
Banks here are required to maintain a CET-1 ratio of at least 9 per cent, including a capital conservation buffer, but most of them have ratios that are well above the regulatory requirement. 
 
OCBC' s first-quarter CET-1 ratio stood at 15.2 per cent, while DBS' was 14 per cent and UOB' s was 13.1 per cent.
 
OCBC now needs to apply a multiplier of 1.3 times to its risk-weighted assets for operational risk until MAS is satisfied that all deficiencies, which were identified in an independent review, have been addressed.
 
According to OCBC, which had a first-quarter net profit of $1.36 billion, the requirement will have a 0.21 percentage point impact on its group capital ratios. It added that its dividend policy will not be affected.
 
Phillip Securities Research analyst Glenn Thum noted that the penalty means OCBC&rsquo s CET-1 ratio will be 14.99 per cent, which is still the highest among the three local banks. 
 
&ldquo There is a likelihood that OCBC will still be able to raise dividends in the future,&rdquo he told The Straits Times. 
 
This is not the first time MAS has imposed such a requirement on banks here. In February, it ordered DBS to set aside another $930 million in regulatory capital following the widespread outage of its digital banking services last November - its worst disruption in a decade.
 
The amount was four times higher than the $230 million DBS had to set aside for a similar disruption of its digital banking services in 2010.
 
Mr Thum said the recent penalties mean that local banks have to be more stringent about how they deal with scams and external threats, while ensuring that their core banking system remains secure. 
 
&ldquo MAS is making sure that the banks are penalised without putting a major handicap on their growth,&rdquo he added. 
 
Maybank research head Thilan Wickramasinghe said banking is built on trust. &ldquo As the sector becomes increasingly digitalised, the trust aspect becomes equally important in the physical world as well as online. So we expect regulators to be more proactive.&rdquo  
 
He added: &ldquo This is needed in ensuring systemic stability and regulators will use the tools at their disposal to encourage banks to ensure the safety and resilience of their systems and services. Cyber security will play an ever more important role in risk management and also feature more in investments going forward.&rdquo  
the sovereign fund buy into the bank shares when
https://www.cnbc.com/2020/07/30/shares-of-singapore-banks-fall-after-regulator-limits-dividend-payouts.html
https://www.cnbc.com/2020/07/30/shares-of-singapore-banks-fall-after-regulator-limits-dividend-payouts.html
kaochartist ( Date: 27-May-2022 16:19) Posted:
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funds buy ocbc after GS' s remark and ocbc' s correction from its recent  high of $13.5 and Mas require ocbc to hold additional $330m capital requirements
https://finance.yahoo.com/video/goldman-sachs-slashes-u-gdp-132423910.html
https://finance.yahoo.com/video/goldman-sachs-slashes-u-gdp-132423910.html
chartistkao1 ( Date: 27-May-2022 15:28) Posted:
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When uob and ocbc declare Aug 2022 dividend the ETFs buying bank share will push ocbc to $13 and uob to $35
chartistkao1 ( Date: 27-May-2022 15:07) Posted:
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But ocbc is especially different it is worth buying when the government cap dividend and increase capital requirements 
https://m.economictimes.com/markets/expert-view/the-road-ahead-should-you-invest-in-stocks-at-17500-nifty-level/articleshow/91792493.cms
https://m.economictimes.com/markets/expert-view/the-road-ahead-should-you-invest-in-stocks-at-17500-nifty-level/articleshow/91792493.cms
kaochartist ( Date: 27-May-2022 11:15) Posted:
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we brought in when shortsellers and mas impose stricter capital requirements on the three banks in 2009
https://www.mas.gov.sg/-/media/MAS/resource/publications/consult_papers/2009/CP_Proposed_Reqts_for_BksPEVC_Invts.pdf
 
https://www.mas.gov.sg/-/media/MAS/resource/publications/consult_papers/2009/CP_Proposed_Reqts_for_BksPEVC_Invts.pdf
 
kaochartist ( Date: 24-May-2022 16:20) Posted:
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counting from 2021 to 2030, we will know how its earning,dividend and share performance over her leadership that steer ocbc into what position in the global stage
https://www.nst.com.my/business/2021/01/655715/helen-wong-ocbc-new-group-ceo
 
https://www.nst.com.my/business/2021/01/655715/helen-wong-ocbc-new-group-ceo
 
kaochartist ( Date: 24-May-2022 16:14) Posted:
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below their puchase price of $12
https://links.sgx.com/FileOpen/_FORM1_Tan_Yen_Yen_25Apr2022.ashx?App=Announcement& FileID=713741
 
https://links.sgx.com/FileOpen/_FORM1_Lee_Tih_Shih_25Apr2022.ashx?App=Announcement& FileID=713733
kaochartist ( Date: 18-May-2022 11:24) Posted:
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buy ocbc,GE and the uob,dbs to expose to hk' s stock and cny
https://www.investing.com/currencies/sgd-cny-chart
https://www.investing.com/currencies/sgd-cny-chart
chartistkao1 ( Date: 27-Apr-2022 11:24) Posted:
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