SINGAPORE -- A number of banks within the 10-member Association of Southeast Asian Nations are grappling with a squeeze in fee earnings, latest reports show, as choppy markets hold some investors back -- hitting lenders' noninterest incomes.
Some investors pulling back, hitting noninterest incomes of lenders
Fee earnings this month of ASEAN's largest banks -- United Overseas Bank, DBS Group Holdings and Oversea-Chinese Banking Corp. -- all dropped. © Reuters
SINGAPORE -- A number of banks within the 10-member Association of Southeast Asian Nations are grappling with a squeeze in fee earnings, latest reports show, as choppy markets hold some investors back -- hitting lenders' noninterest incomes.