Singapore banks slide after rating downgrade and earnings concerns
Shares in Singapore’s local bank stocks fell as investors weighed a rating downgrade at one lender and broader concerns about sector earnings risks, with DBS Group dropping as much as 4.5% to 74.00 Singapore dollars.
Shares of Singapore’s three local banks fell as investors reacted to a rating downgrade on one lender and concerns about earnings risks across the sector. 00 Singapore…