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DBS CEO makes tentative guess on oil-and-gas trough

"I think we've seen the bulk of the pain. There will be some more, but it's not dramatic," says Mr Gupta.


DBS chief Piyush Gupta hopes the oil-and-gas sector is at its trough, even as the ripple effect from Swiber's collapse makes its way through the industry. But the prognosis might just be wishful thinking, quipped the boss of Singapore's biggest bank.

A hefty jump in bad-...