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DBS Bank
Investing strategies
DBS bets on shorter-dated investment grade bonds for 4Q2023 yield strategy
DBS’s investment team shifts its preference from equities to bonds in the last quarter of the year.
October 12, 2023
Commodities
DBS, OCBC maintains oil forecast of above US$85/bbl and US$90/bbl respectively with upside bias following Gaza conflict
Unless the conflict reaches a much bigger scale involving multiple parties, DBS believes US$100/bbl levels are unsustainable.
October 10, 2023
Broker's Calls
Analysts are mixed on Singapore banks; RHB remains 'neutral' while PhillipCapital maintains 'buy'
PhillipCapital is positive on all banks, while RHB names UOB as its sole buy.
August 18, 2023
Digital Economy
DBS shares its secret to becoming AI-fuelled
The bank currently has more than 300 AI and machine learning use cases, which helped with revenue uplift and cost avoidance.
August 01, 2023
Zest
DBS divests 77.8% stake in AXS to private equity firm Tower Capital Asia
After the transaction is completed, DBS will retain a minority stake of 9.9% in AXS.
July 11, 2023
Sustainability
DBS equips 1,800 of its employees with sustainability skills
Those employees have deepened their knowledge to better help corporate clients identify sustainable financing opportunities.
July 10, 2023
Artificial Intelligence
MAS-led consortium releases version 2.0 of open-source framework on responsible use of AI in finance
The consortium is made up of 32 industry players and is meant to provide guidance to firms on how to use AI responsibly.
June 26, 2023
REITs
CICT prices $400 mil worth of seven-year green bonds
The bonds will carry a coupon of 3.938% per annum (p.a.).
June 08, 2023
Singapore economy
Briefs: MAS upbeat on alternative investment space, calls DBS disruption 'unacceptable' in separate statement
Singapore’s alternative AUM grew faster than the overall industry AUM, at 30% y-o-y, says MAS's Lim Cheng Khai.
March 31, 2023
Company in the news
Exposure to Credit Suisse 'insignificant': DBS, OCBC and UOB
On March 16, DBS shares closed 1.27% down at $32.55, while OCBC dipped 0.98% to $12.15 and UOB slid 0.71% to $28.00.
March 16, 2023