DBS' Q1 profit beats forecast; keeps 2026 outlook largely unchanged
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SINGAPORE: DBS Group kept its 2026 outlook largely unchanged, with rate headwinds to income expected to be largely mitigated after Singapore's biggest bank on Thursday (Apr 30) posted a 1 per cent rise in first-quarter net profit as wealth management drove earnings. "While the Iran war and its potential second-order effects have added uncertainty to the outlook, our stress tests indicate that our credit portfolio remains sound," DBS CEO Tan Su Shan said in a statement. "Our solid balance sheet,
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