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DBS posts record S$1.27b profit for Q1

Growth broad-based across all business units; loans rise 11%

Singapore

DBS Group's net profit for Q1 2015 rose to a record S$1.27 billion, up 3 per cent, led by higher fee income and trading gains. Its net earnings of S$1.27 billion were higher than market expectations of S$1.05 billion. Excluding one-off item of S$136 million from the sale of an