DBS chief warns of 'choppy' equity markets after US midterms

Nikkei Asia · DYLAN LOH · 2026-11-05 07:18 UTC

Volatility pressures Singapore's largest bank as Q3 profit slides 5%

SINGAPORE -- The head of Southeast Asia's largest bank, DBS Group Holdings, on Thursday warned of continued volatility in equity markets after the U.S. midterm elections, in which the opposition Democratic Party took control of the U.S. Senate and House.

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