Ryan Huang and Sarah Jane Mahmud, Senior Equity Analyst for Southeast Asia and India Banks at Bloomberg Intelligence break down Singapore’s Q1 banking earnings season against the volatile backdrop of escalating Middle East conflicts and global energy shocks. They look at OCBC’s freshly released results, unpacking how the bank successfully defied a 5% drop in Net Interest Income to post a profit beat of S$1.97 billion, fueled entirely by a record S$1.61 billion in non-interest income. They explore the momentum behind the wealth management boost and examine whether the 'Big Three' local banks can sustainably rely on fee income to offset shrinking lending margins, or if the looming, second-order impacts of imported inflation and regional trade disruptions pose a bigger risk.See omnystudio.com/listener for privacy information.

Ryan Huang and Sarah Jane Mahmud, Senior Equity Analyst for Southeast Asia and India Banks at Bloomberg Intelligence break down Singapore&rsquo;s Q1 banking earnings season against the volatile backdrop of escalating Middle East conflicts and global energy shocks. They look at OCBC&rsquo;s freshly released results, unpacking how the bank successfully defied a 5% drop in Net Interest Income to post a profit beat of S$1.97 billion, fueled entirely by a record S$1.61 billion in non-interest income. They explore the momentum behind the wealth management boost and examine whether the 'Big Three' local banks can sustainably rely on fee income to offset shrinking lending margins, or if the looming, second-order impacts of imported inflation and regional trade disruptions pose a bigger risk.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

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