SINGAPORE (Aug 6): Record level of wealth AUM, coupled with relatively stable net interest income, helped lift DBS Group Holding's earnings to a new record.

For the quarter ended June, the bank reported net profit of S$3.08 billion, up 9% y-o-y, handily beating the S$2.881 billion consensus estimates of analysts polled by Bloomberg. Total income for the quarter was up 6% to S$6.09 billion, also a record.

This brings its half-year earnings to S$6.01 billion, up 5% y-o-y, with total income reaching...(click on link for full story theedgesingapore.com)