In such trying times where banks bank on trust, it seems absurd for a Straits Times forum letter to suggest that depositors are nought to DBS.
In that case, UOB seems to be communicating it better with their latest 'Trust' television commercial.
Showing posts with label DBS. Show all posts
Showing posts with label DBS. Show all posts
Wednesday, 10 August 2016
Tuesday, 23 February 2016
DBS CEO: 2 RISKS YOU HAVE TO KNOW
DBS CEO's recent earning call was nothing short of enlightening. Especially so in his single powerpoint slide on tail events.
Two things make up that slide:
1. Large one-offs e.g., a large corporate collapse
2. Sharp RMB devaluation in the next three months
What's the probability that these two risks materialise? Nobody knows. But views that the yuan's devaluation is only beginning are abound.
Sit tight folks.
Two things make up that slide:
1. Large one-offs e.g., a large corporate collapse
2. Sharp RMB devaluation in the next three months
What's the probability that these two risks materialise? Nobody knows. But views that the yuan's devaluation is only beginning are abound.
Sit tight folks.
Subscribe to:
Posts (Atom)