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Top News In டிப்ஸ குழு ஹோல்டிங்ஸ் Today - Breaking & Trending Today

Bitcoin's volatility is spilling over to US stocks, study says

Bitcoin’s explosive moves are stoking the volatility of U.S. stock futures in haywire trading days, according to Singapore’s DBS Group Holdings Ltd ....

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Singapore's largest bank DBS sees profit soar 72% to a record $1.5 billion


Singapore s largest bank DBS sees profit soar 72% to a record $1.5 billion
CNBC
8 hrs ago
Abigail Ng
DBS Group Holdings said net profit nearly doubled from the previous quarter and reached a historic high of 2.01 billion Singapore dollars ($1.52 billion) in the January to March period, thanks to accelerating business momentum.
Asset quality was healthy, with new non-performing asset formation and specific allowances at pre-pandemic levels, DBS said in its earnings release.
CEO Piyush Gupta said he s quite optimistic about the economic outlook for the region.
© Provided by CNBC
DBS branch in Hong Kong.
SINGAPORE Singapore s largest bank DBS reported Friday that net profit soared 72% from a year ago to an all-time high in the first quarter of 2021. ....

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Global banking leaders targeting growth in SE Asia


Global banking leaders targeting growth in SE Asia
12:00 | 23/02/2021
Global banking leaders targeting growth in SE Asia, illustration photo
HSBC will be naming a new head for its Singapore operation, along with its expansion plan in the region. Europe’s largest lender is preparing to announce the outcome of a strategic review next week, alongside its full-year results.
According to Bloomberg, HSBC is seeking to gain a bigger slice in Southeast Asia where it has been struggling to compete with dominant players such as DBS Group Holdings and Standard Chartered. “HSBC wants to further raise its capability and presence in South Asia, and Singapore is central to this drive and ambition,” said Peter Wong, HSBC’s top executive in Asia. ....

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