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DBS dismisses report which said it's keen on StanChart

It declines comment on its interest in Barclays and RBS assets

Published Fri, Dec 18, 2015 · 09:50 PM

Singapore

MEDIA and brokerage reports have linked DBS Group Holdings to three potential purchases in as many days, reflecting the capital strength of South-east Asia's biggest bank.

The latest was a report that Standard Chartered (StanChart) could be acquired by a white knight. DBS Group would be the most likely StanChart buyer, said broker CLSA in a note to clients dated Dec 17, Reuters reported on Friday.

But the CLSA report of the possible purchase of UK-based …

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