When evaluating any company, you should not only focus on the upside but the downside as well. Some risks may be fairly obvious, while others may crop up over time and as the business environment evolves. These risks, if left unchecked, may break a strong investment thesis. DBS Group Holdings Ltd (SGX: D05) is sailing into stormy seas caused by the COVID-19 pandemic that has wreaked havoc on economies and businesses. Although Singapore’s largest bank has been growing steadily and consistently since the challenging days of the Global Financial Crisis back in 2008-2009, we cannot rule out any rough patches that may be just around the corner. Today, we take a look at three looming risks for the bank, and what it means for its growth prospects. Lower net interest margin DBS released its earnings report for the first quarter of 2020 (1Q 2020) back in May. The bank flagged out lower global interest rates as a key pressure on earnings....