DBS does the right thing?

Deutsche Bank wins plaudits for share placement, as DBS draws a line under controversy surrounding the calculation of its capital ratios.

As DBS Bank sprung its S$2.2 billion $1.2 billion share placement on the equity markets this Monday, the question that immediately sprung to most lips was why now when the bank's share price is at a 52 week low  Explaining what at first appears a very strange move, commentators have come up with two different theories.

One the one hand, there are those who believe that the bank acted in the belief that markets might...

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