SINGAPORE: DBS Group Holdings Ltd, Southeast Asia's biggest lender, reported on Monday a forecast-beating 15% rise in quarterly profit, supported by higher wealth management fees.
The Singaporean bank's net profit came in at S$1.63 billion ($1.20 billion) in the three months ended Sept. 30, compared with S$1.41 billion a year earlier and an average estimate of S$1.57 billion from five analysts, according to Refinitiv data.
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