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Less stellar Q3 seen for DBS, UOB

Slower loan growth among reasons cited by analysts
Wednesday, October 30, 2013 - 06:00
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DBS, OCBC and UOB are expected to post net profits of $839 million, $648 million and $703 million respectively for the quarter ended September, surveys done by Bloomberg show - PHOTO: BLOOMBERG

AHEAD of the release of third-quarter financial results, analysts are expecting the earnings of DBS Group Holdings and United Overseas Bank (UOB) to have moderated from a stellar second quarter on slower loan growth, softer capital market and weak wealth management fees. For Oversea-Chinese

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