Wednesday, November 18, 2020

DBS-LVB Deal: A hint to foreign banks, grim signal for shareholders

The sudden announcement on Tuesday evening to impose a moratorium that restricts LVB customers from withdrawing money for a month is ostensibly aimed at facilitating the `deal’ and saving a failed bank.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/dbs-lvb-deal-a-hint-to-foreign-banks-grim-signal-for-shareholders/articleshow/79279222.cms

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