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Keppel case - A wake up call for bankers
The case of Keppel Offshore and Marine being involved in corruption has wider implications than just the company and those involved. Any bank involved in the transfer of funds used to pay of bribes should be concerned.
Brighter near-term outlook belies real risks
The Asia Pacific banking sector will benefit from the improving global and regional economic conditions in 2018. Overall, better asset quality is expected, and banks will maintain relatively stable profitability and capitalisation. Nevertheless, there are growing concerns over the potential asset price corrections, high private debt, and geopolitical risks.
Beware of the returning bears
The world is currently experiencing such favourable conditions for growth that some economists have described them as "Goldilocks" or "just right". However, there is a flipside, it will not last.
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