Serious DBS,UOB,OCBC, must merge to create a SuperBank.

[SalahParking]

With a SuperBank, you have buffer to write off about 200 billion of bad loans and ask MAS for an open window credit guarantee for another 200 billion..

 

[laksaboy]

Merge them and call the new bank 'Tat Lee Bank'.

 

[syed putra]

Big banks will ignore small businesses.
The good thing about US is they have small regional banks apart from their big wall street banks.

 

[jw5]

US wall street banks are the bestest, like Lehman Brothers and Bear Stearns.

Big banks will ignore small businesses.
The good thing about US is they have small regional banks apart from their big wall street banks.

 

[SalahParking]

Don't mix up Wholesale Banks with Money Centre Banks. Singapore Banks are Money Centre Banks. The cost income ratios is too high to sustain, must down to 25-30%. All must merge.

 

[SalahParking]

Big banks will ignore small businesses.
The good thing about US is they have small regional banks apart from their big wall street banks.

Our banks are all small business banks. Each branch is a small business bank.

 

[SalahParking]

MAS will devalue SGD ..print money $55 billion in just days

 

[frenchbriefs]

super India bank?

with one CECA to rule them all?

 

[nayr69sg]

MAS will devalue SGD ..print money $55 billion in just days

Ho say. My dream might come true.

 

[SalahParking]

Stupid MAS, Demsick, they assume a normal probality risk curve based on 20 yrs cycles, they are fucking clueless on black swan, long tail risks...fucking incompetent

 

[sfugel]

The Mega Bank will be know as DUOBOC.

 

[nayr69sg]

The Mega Bank will be know as DUOBOC.

I think DUMBO would be a better name.

 

[laksaboy]

I think DUMBO would be a better name.

Add an S to the end

Development
Union
Monetary
Bank
Of
Singapore

"DUMBOS has raised the interest rate!"

 

[nayr69sg]

Add an S to the end

Development
Union
Monetary
Bank
Of
Singapore

"DUMBOS has raised the interest rate!"

Wah you the best! Great name!

 

[syed putra]

Our banks are all small business banks. Each branch is a small business bank.

But the loan policies are decided by the hq.

 

[SalahParking]

But the loan policies are decided by the hq.

Maybe Mat Banks are like that, but Spore Banks neighborhood branches are small business banks, a lot of hawkers, wet market stall holders are supported...

 

[Dr Christopher Cheok C S]

DBS is under pressure for 3 things:

- They can't margin call weaker developers because down-pressure on property prices will destroy the creditworthiness of their 30% properties loan.
- 5% portfolio near total-loss with Oil & Gas
- Duty to buy over SCB (paying a premium). Indians in SCB happy like fuck.

 

[rambo22]

Merge them and call the new bank 'Tat Lee Bank'.

better if is Familee Bank

 

[laksaboy]

better if is Familee Bank

Hmm... is Tat Lee Group still in business today?

https://www.linkedin.com/company/tat-lee-co-private-ltd

Tat Lee Group
Investment Management

About us
Tat Lee Company is a privately held, family-owned investment holding and management company established on 6 May 1954, and serves as the foundation of Tat Lee Group's umbrella of companies and subsidiaries. Tat Lee Group has actively invested in a broad spectrum of industries since its inception, and has founded several prominent and notable companies, including National Iron & Steel Mills (Materials), Tat Lee Bank (Financials) and Chin Teck Plantations (Consumer Staples). It has an extensive presence around the region, with offshore offices located in Malaysia, Indonesia and China. Tat Lee Group is currently helmed by Mr. Goh Eng Chew, former Chairman & CEO of Tat Lee Bank, and is headquartered in Singapore at Seng Kee Building.

View 1 employee
Employees at Tat Lee Group
Kumaran Kumar
Attended College laganda

https://www.linkedin.com/in/kumaran-kumar-398021161

Kumaran Kumar
Attended College laganda
Negeri Sembilan, Malaysia

Experience
Tat Lee Group
Office Manager
Apr 2014 – Present 6 years

Education
College laganda
2008 – 2011

 

[Dr Christopher Cheok C S]

MAS will give huge huge huge incentives for local banks that are willing to merge or makan SCB.