Soon Sinkies Will Know if DBS Goes Bankrupt because of Ah Neh CEO

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An honorable member of the Coffee Shop Has Just Posted the Following:

Dear brothers and sisters,

buy popcorn and very soon we will know if DBS goes bankrupt because of Ah Neh CEO.

Ah neh is the best

Singapore banks not headed for Lehman reprise: Piyush
(Actually rapists will also not deny that they never rape!)

Oil is the key stress, but banks have actively sold collateral and restructured loans; NPLs unlikely to hit crisis levels

Singapore

DBS chief executive Piyush Gupta, has dismissed the idea that the banks are in another Lehman crisis, joining the chorus from the other two banks in dismissing the markets' fears of a banking meltdown in Singapore.

"Singapore is not a basket case," he said at a results briefing on Monday, adding that the country has strong reserves and a robust financial system, and capital outflows are not as large as some hedge funds have made out.

"The charitable view is that people are misinformed. The less charitable view is that people have an axe to grind," he said.


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