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SINGAPORE BANKS

Money managers smell a bargain as debt panic hits Singapore banks

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DBS lost S$3.6b in market value in seven days from July 28 when its client Swiber signalled that it was in financial trouble. UOB and OCBC slid at least 5 per cent.

Singapore

THE recent drubbing in Singapore bank stocks is turning South-east Asia's biggest lenders into bargains for money managers including Aberdeen Asset Management Plc.

DBS Group Holdings Ltd lost S$3.6 billion in market value in seven days from July 28 when its client Swiber...

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