11.02.2015 - Singapore DBS says total commodities exposure is S$30 bln
Singapore's DBS Group Holdings has total commodities exposure of S$30 billion ($22.18 billion), with the bulk of it in trade finance, Chief Executive Officer Piyush Gupta said on Tuesday. DBS, Singapore's biggest bank, took some charges on the commodities exposure in China in its fourth-quarter results. It reported a small rise in core fourth-quarter net profit which fell short of analysts' estimates...............................................Full Article: Source
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