Singapore’s largest bank reports its markets trading income for Q3 2024 hit the highest level in 10 quarters while structured note issuance remains strong in Taiwan.
DBS Group Holdings has posted robust earnings for the third quarter with net profit up 15% year-on-year (YoY) to SG$3 trillion (US$2.26 trillion). Total income rose 11% from a year ago to SG$5.75 billion. We achieved another record performance in the third quarter - Piyush Gupta, CEO The increases were boosted by balance sheet growth, record fee income led by wealth management, higher treasury customer sales, and strong markets trading income, Singapore’s largest bank said i