DBS Profit Misses Estimates on Trading Income, Names Lim Chair

DBS Group Holdings posted first-quarter net profit below analyst expectations due to lower trading income, despite gains in lending and wealth management. The bank appointed a new chairman, according to its earnings announcement. DBS did not disclose specific profit figures or the chairman's name in the headline.

• Bloomberg — DBS Profit Misses Estimates on Trading Income, Names Lim Chair

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