GgoogleSG first seen 8 h ago, last 4 h ago, peak #1
DBS Q3 profit falls 5%, chairman to hand over to Anthony Lim
Original: dbs
DBS reported a third-quarter net profit of S$2.81 billion, down 5% year on year, missing analyst forecasts on weaker trading income. Alongside the results, the bank announced that chairman Peter Seah will hand over the role to Anthony Lim. Analysts are also weighing the wider outlook for Singapore banks' wealth management fee income following the earnings season.
Why now: DBS, Singapore's largest bank, simultaneously released weaker-than-expected earnings and a leadership change at chairman level.
DBSPeter SeahAnthony LimSingapore
Rank over time, top of the chart is #1. 11 snapshots from 8 h ago to 4 h ago.
Evidence
- DBS chairman Peter Seah to hand reins over to Anthony Lim; bank’s Q3 net profit slips 5% to $2.8b · The Straits Times
- DBS Q3 profit falls 5% to S$2.81 billion on weaker trading income, misses forecasts · The Business Times
- DBS third-quarter net profit falls 5% on year, misses forecasts · CNA
- Ahead of DBS’s Earnings: 3 Key Metrics Investors Must Watch · The Smart Investor
- DBS third-quarter net profit falls 5% on year, misses forecasts, Money News · AsiaOne.com
- Singapore banks’ third-quarter results: Wealth management fee income may ease, analysts say · 联合早报
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