Singapore Banks - UOB Kay Hian 2026-02-02: Domestic Interest Rates Recover As Safe Haven Assets Retreat

• The Fed regaining its credibility is supportive of our thesis that banks benefit from the Goldilocks economy. Maintain OVERWEIGHT on Singapore Banks.
• BUY DBS and OCBC. DBS provides an attractive 2026 dividend yield of 5.5%. We are excited to hear the new CEO’s strategy, priorities and vision for OCBC.

What's new?

• - Read this at SGinvestors.io -

Short biography.

• Kevin Warsh started his career as an investment banker at the mergers & acquisitions department of Morgan Stanley. He transitioned to public service in 2002 as a Special Assistant to the President for Economic Policy and Executive Secretary of the National Economic Council under George W Bush.
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An inflation hawk and critic of QE.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

More reports on banking & finance sector:
Analyst Reports on Singapore Banking & Finance Sector

Read also:
Analyst Reports on DBS Group
Analyst Reports on OCBC Bank
Analyst Reports on United Overseas Bank (UOB)