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DBS
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DBS
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Qanghoo
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14-Dec-2016 17:25
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Yep, share ur view.
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pinkowl
Supreme |
14-Dec-2016 17:09
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But it' s a good thing for us to reload at low for this gem. =) Love such " bad news" .
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Qanghoo
Supreme |
14-Dec-2016 12:23
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I think so too.  The " reward" appears attractive n control measures are difficult to enforce in my view.  So, cld be quite widespread. 
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Immortal
Master |
14-Dec-2016 11:25
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Cheong Cheong | ||||
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pinkowl
Supreme |
14-Dec-2016 10:56
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Luckily reloaded yesterday. This will surging again.  The HK thing no big deal lah....i think, since DBS not the only bank involved. Could be an industry " practice" . |
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Secret_Squirrel
Elite |
13-Dec-2016 20:11
Yells: "Stay curious but skeptical" |
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Cheong also won' t cheong much at current situation.
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Immortal
Master |
13-Dec-2016 19:26
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Hope DBS Cheong tomorrow | ||||
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Immortal
Master |
13-Dec-2016 12:37
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Waiting | ||||
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investshare
Supreme |
12-Dec-2016 23:12
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If just manager level, agree should be non-event.
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FATABA
Supreme |
12-Dec-2016 22:35
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I read and learn that there are 5 institution ...among are 4 banks ( seem that DBS is most outcoming and reported) 3 managers seem to be the highest level reported.  Good they are caught...and HK CPIB is very fast. I honestly dont think its a big deal on this case. Internal employee taking data out for self benefit. ( honestly its close to impossible to guild this ...how can you avoid your own employee taking data on their day to day work ) Anyway, nothing mentioned about the other 4 banks  
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investshare
Supreme |
12-Dec-2016 21:01
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Any idea among the arrested, what is the highest position? | ||||
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KiLrOy
Elite |
12-Dec-2016 20:35
Yells: "I buy only what I can see." |
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Hong Kong arrests 29 in bribery probe linked to five financial institutions..... Monday' s statement came after  DBS Group Holdings  said last Friday that it was cooperating with Hong Kong authorities over an alleged leak of customer data. Hong Kong' s Apple Daily had reported that the bank' s employees were arrested for  allegedly bribing department managers to get the personal data of clients. ...... http://www.channelnewsasia.com/news/asiapacific/hong-kong-arrests-29-in-bribery-probe-linked-to-five-financial/3361640.html   |
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Qanghoo
Supreme |
12-Dec-2016 16:22
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Thx, brother.  I' ve often posted that ' analysts' write as if businesses do not proactively manage the challlenges facing their coys or their industry.  As for HK, my own view is that issues like these cld be more difficult to prevent than one thinks.  the $$$ laundering case was, to me, a lapse that cld have been more easily averted.  But when there' s collusion at different levels within an org (as ti appears to have been in DBSHK), then it' s a differrent story, no matter what preventive tricks from the rule books people  draw to minimise its occurence. 
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FATABA
Supreme |
12-Dec-2016 15:11
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Bro ,,,,U wld certainly recall when DBS was aro 16 ...many expert and comments ( here  ) about doom and calling DBS having many $B of debt. Many here were very negative and some even say can buy aro $12 or some ridiculars number. anyway, the debt is still there ( haha) ....all the negative articles are gone on O& G analyst....recent HK data leak surface ....wonder how many of them sold and trying hard to capitalise on this single piece of infor to RELOAD. ( lol) Whatever, I am positive and agree w you the high potential of hitting 5.3B in 2017. In the meantime , nejoy 2016 of 5B ...happy investing.  
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Immortal
Master |
12-Dec-2016 14:45
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Hope tomorrow can go down further | ||||
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Siwomp
Supreme |
12-Dec-2016 13:37
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I always ask the RM of banks this question when they try to sell me their investment.  " If the investment is so good, why aren' t your bank investing in it big time?"   and " Why would I pay someone to invest my money for 2+% - 3+% potential return when I can invest in say Singtel for ~4%, HLF for ~5% and Mapletree Reits for 5% - 7% return?"  
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famouspinky
Supreme |
12-Dec-2016 13:22
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250k for dbs treasures. RM will nvr recommend u this
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Immortal
Master |
12-Dec-2016 12:29
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Shiok go down more. Waiting for reentry | ||||
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Siwomp
Supreme |
12-Dec-2016 12:20
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Why put money in the Bank?  Go buy dividend (Blue blue chips) shares, the payout much better, on top of capital gain.
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hlfoo2010
Master |
12-Dec-2016 11:44
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" Sandi is going for more cut....Oil stay above 60 will be very possible in 2017 . DBS and our banks will benefit from this .  " Not sure this is the case. But I am sure my $ in the DBS bank deposit will be suffer very month,  |
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