Swiber Losses Put Focus on DBS Provisions Before Earnings

  • Singapore banks’ energy provisions may be inadequate: Moody’s
  • DBS shares fall for seven days in longest streak since April

DBS Earnings Under Pressure From Swiber Losses

DBS Group Holdings Ltd.’s exposure to a troubled oil-services firm has analysts scrambling to revise their forecasts for the lender and the wider Singapore banking sector ahead of DBS’s quarterly earnings report on Monday.

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