DBS Achieves Record-High Trading Income, Driven by Equity Derivatives and Wealth Management Growth

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BondWatch Editorial
Published 20 Mar 2025
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DBS Group Holdings has reported a 15% year-on-year increase in net profit for the third quarter of 2024, reaching SG$3 trillion (US$2.26 trillion). The bank’s total income surged 11% to SG$5.75 billion, driven by balance sheet growth, record-high fee income from wealth management, strong treasury customer sales, and exceptional markets trading income. A key highlight was the 55% surge in...

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