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DBS, OCBC, GuocoLand, Best World, Pteris Global, Keppel

Stocks To Watch

DBS, OCBC, GuocoLand, Best World, Pteris Global, Keppel

PC Lee Published on Mon, Jul 04, 2016 / 8:52 AM GMT+8

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SINGAPORE (July 4): Here are some stocks that could move the market this morning:

DBS and OCBC: Two US-based investment funds have filed a lawsuit in New York against dozens of banks, among them Oversea Chinese Banking Corporation and DBS, accusing them of conspiring to rig derivative prices incorporating Singapore interest rate benchmarks, a court filing showed. The suit was filed by Greenwich, Connecticut-based FrontPoint Asian Event Driven Fund and New York-based Sonterra Capital Master Fund and traces back to the 2013 scandal in Singapore when the central bank found more than 100 traders in the city-state tried to rig key borrowing and currency rates.

The other banks sued are Citigroup, Bank of America, JPMorgan Chase, RBS, UBS, ING, BNP Paribas, Barclays, Credit Agricole, Credit Suisse, Standard Chartered, Mitsubishi Ufj, HSBC, Macquarie and Commerzbank.

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DBS, OCBC, GuocoLand, Best World, Pteris Global, Keppel

Stocks To Watch

DBS, OCBC, GuocoLand, Best World, Pteris Global, Keppel

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DBS, OCBC, GuocoLand, Best World, Pteris Global, Keppel

Stocks To Watch

DBS, OCBC, GuocoLand, Best World, Pteris Global, Keppel

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