Singapore shares opened higher today as the trio of local banks remained resilient despite the recent woes of Deutsche Bank.

The Straits Times Index rose 0.6 per cent in early trade to 3231.31 points after 23.3 million securities changed hands. 

In terms of companies to watch, we have Keppel Corporation. The group’s Philippines-listed subsidiary will divest a remaining 50 per cent stake in The Podium West Tower and The Podium Mall in the Philippines for around 8 billion pesos (S$195 million). 

Elsewhere, investors remain cautious ahead of what could be yet another rocky week, after the cost of insuring Deutsche Bank’s debt against the risk of default jumped to a more than four year high. 

But in what way is Deutsche Bank similar or different from Credit Suisse and SVB?

On Market View, the Drive Time team sat down with David Kuo, Co-founder, The Smart Investor for more.