Reuters, 6 Nov 2009
SINGAPORE, Nov 6 (Reuters) - DBS Group (DBSM.SI), Southeast Asia's biggest bank, led a surge in quarterly profits among Singapore's three listed banks, all of which beat forecasts and are better positioned than global peers for post-crisis growth.
DBS, whose new CEO and former Citibanker Piyush Gupta will join the bank this month, said net interest income was at a quarterly record and fee income at its highest since the onset of the global financial crisis.
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