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Singapore banks shun risky trading over more stable fees and commissions

The share of trading and investment securities income shrunk to 36% in 2018 from 47% in 2009.

Banks in Singapore are growing their fees and commission businesses over the more volatile trading and investment securities arm in order to build a more stable earnings base that could weather against a dismal stock market, according to a report from Maybank Kim Eng.

In fact, the share of fees and commission as a share of the banki…
Banking Industry News

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