
Source of article: Business Times
Writing credits: Yong Jun Yuan, Uma Devi, Michelle Zhu
The financial woes of Credit Suisse Group triggered by the collapse of SVB and other recent adverse market developments will no doubt have a negative impact on fund-raising capital market activities.
I shared my views with the Singapore Business Times (“BT”) in the attached front page story (21 Mar 23) on the impact of the recent banking crisis on capital market activities.
The reassurance from the Monetary Authority of Singapore and the views of analysts quoted by BT that Singapore banks are well capitalised with strong liquidity metrics is most heartening.
MAS, banks seek to calm investors amid potential credit crunch, heightened recession risk
My post on LinkedIn here