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08 Aug 2025
Diversification of income stream helped DBS overcome ‘perfect storm’ of uncertainties during Q2, says new CEO
Summary: The article describes how DBS overcame a "perfect storm" of uncertainties during the second quarter of 2023. The bank's diversified income streams, particularly in wealth management and digital assets, helped mitigate the impact of market volatility. DBS also highlighted its proactive management of its balance sheet and its strong capital and liquidity positions to navigate the uncertainties ahead.