DBS

DBS: DBS CEO Piyush Gupta said that he expects pressure on the bank's net interest margins to ease in 2H11, tipping that banks could start seeing a relative tightening bias in the second half of the year. Additionally he said DBS is "actively looking" to launch Singapore-based yuan products, such as depository products, in the next few mths. Morgan Stanley has Buy Rating on Bank with $16.75 TP