SINGAPORE (Dec 19): Singapore bank stocks have performed well in 2017, but RHB says this could be because banks typically perform well in periods of interest rate upcycle.

Hence, RHB is maintaining a “neutral” recommendation on Singapore banks with a slight “overweight” bias.

UOB is the research house’s preferred stock pick and only “buy” recommendation within its Singapore banks coverage, with a target price of S$28.88... (Click here to read the full story.)