Sign up & unlock articles! Is this the beginning of the end for Singapore banks? The circuit-breaker implemented by Singapore government had caused the economy to come to a grinding halt. On 30 April 2020, DBS Bank announced business update for 1st quarter (SGX had scrapped mandatory quarterly reporting). Being the leading light of SGX, the financial performance of DBS Bank is often scrutinized. This is especially so in current climate as investors are looking for clues on the impact of COVID-19 pandemic on the banking sector. DBS Group Holdings share price in bloodbath with Hin Leong DBS Group Holdings share in explosive meltdown DBS Group share price in dark chapter with virus DBS Group Holdings share price ambushed by coronavirus? Initial assessment of the financial performance of DBS Bank is that the results are not as grim as many investors had feared. Total income grew 13% from a...