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DBSDY DBS Group Holdings Ltd (PK)

118.835
0.185 (0.16%)
Last Updated: 17:15:52
Delayed by 15 minutes
Name Symbol Market Type
DBS Group Holdings Ltd (PK) USOTC:DBSDY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.185 0.16% 118.835 118.68 119.42 119.225 118.835 119.225 4,450 17:15:52

Banks Owed $3 Billion in Talks With Singapore Oil Trader, Bloomberg Reports

15/04/2020 11:20am

Dow Jones News


DBS (PK) (USOTC:DBSDY)
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--Banks with $3 billion in exposure to Singapore-based Hin Leong Trading are in talks with the private oil-trading company about how to bolster its finances amid liquidity concerns, Bloomberg reports, citing unnamed sources.

--Up to 10 banks are involved, including HSBC, DBS and OCBC, with HSBC having the largest exposure at about $600 million, according to the report.

 

Full story: https://bloom.bg/3b9itn6

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

April 15, 2020 06:05 ET (10:05 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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