Wealth and Asset Management
DBS Group: Third-quarter net profit rises 32% to SGD 2.24 billion while return on equity reaches 16.3%, both at new highs
DBS Group’s third-quarter 2022 net profit rose 32% from a year ago to a record SGD 2.24 billion. Return on equity reached a new high of 16.3%. Total income grew 28% to a record SGD 4.54 billion as net interest margin recovered to pre-pandemic highs and business momentum was sustained…
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