DBS dismisses report which said it's keen on StanChart

It declines comment on its interest in Barclays and RBS assets


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 StanChart - the biggest prize of three...

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