DBS dismisses report which said it's keen on StanChart
It declines comment on its interest in Barclays and RBS assets
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
