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Friday, February 17, 2017

Will Ezra affect DBS like Swiber did?

https://sg.finance.yahoo.com/news/dbs-ceo-signals-bank-may-054528673.html

DBS CEO said there's nothing wrong with Swiber before it exploded.  DBS didn't give a full account of EZRA exposure and state the worst was over.  If EZRA explodes, DBS would get hit again because of the under provision.

1 comment:

Eric Ho said...

DBS said the worse was over for oil & gas industry but Ezra filed for bankruptcy in USA.

Let's see whether Ezra will impact DBS or not.