SINGAPORE (Jan 9): Deutsche Bank Markets Research says the increasing strength from Singapore banks’ private and consumer banking businesses is giving them the edge over other US dollar-leveraged markets such as Hong Kong.

“Between Hong Kong and Singapore – both considered to be private banking centres of Asia — [Singapore] domestic banks were seen as early movers in this space, with early success,” says Deutsche Bank lead analyst Franco Lam in a Monday report.

“The expected continued strength from this segment should be viewed as a positive catalyst for...(click on link for full story on theedgesingapore.com)