DBS’s Gupta looks for NIM boost from Trump

Piyush Gupta, CEO of DBS, warns that uncertainty over Donald Trump’s policies will be a headache for Asian strategists — but the long-term impact on interest rates will be a boon for banks.

DBS’s Gupta looks for NIM boost from Trump

“It all depends on which Trump shows up,” says Piyush Gupta when asked to predict the impact of Donald Trump’s election on Asian banks and companies. “Will it be Trump the businessman or Trump the demagogue”

That question has dominated discussion among economists, politicians, and journalists since the US election on November 8. Nomura analysts told their clients in a note on Monday the outlook for Asian equities was dependent on changing expectations...

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