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dbs bullish on us equities despite political uncertainties and market risks

DBS's CIO, Hou Wey Fook, expresses strong confidence in US equities for 2025, echoing Warren Buffett's advice to never bet against America. Despite political uncertainties, he highlights the US's robust capital markets, entrepreneurial culture, and top-tier companies as key strengths.The bank has shifted its equity stance to neutral, favoring US technology for its growth potential, while also being cautious of market risks like trade wars by increasing its bond holdings. Additionally, DBS sees value in Asian equities, particularly in sectors like Singapore REITs and tech in China and India, suggesting they may be at a turning point.

former bnp paribas banker joins nomura leading southeast asia team

Germane Wee, a former leader at BNP Paribas Wealth Management, has joined Nomura as Team Head for Southeast Asia, bringing her team with her. Based in Singapore, Wee has nearly five years of experience at BNP Paribas and has held senior roles at Credit Suisse, DBS, and UOB. This move follows Nomura's recent appointment of Sudhir Nemali as COO of its international Wealth Management unit.
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