DBS Group

Zest

DBS launches e-CNY merchant collection solution in China amid growing CBDC usage

DBS is one of the first foreign banks in China to launch an e-CNY solution.

Broker's Calls

Singapore banks 'sitting on massive liquidity', UOB 'clear beneficiary': Maybank Kim Eng

"How they deploy could determine profitability on the other side of Covid-19."
Singapore banks 'neutral' as impact of lifted dividend cap ends: CGS-CIMB  - THE EDGE SINGAPORE

Broker's Calls

Singapore banks 'neutral' as impact of lifted dividend cap ends: CGS-CIMB

"There is still ample liquidity in the system."
DBS, SGX, Standard Chartered and Temasek to jointly develop carbon exchange and marketplace - THE EDGE SINGAPORE

Sustainability

DBS, SGX, Standard Chartered and Temasek to jointly develop carbon exchange and marketplace

The carbon exchange and marketplace are expected to launch by end-2021.

Zest

DBS joins global banks surrendering Hong Kong office space

DBS is said to be surrendering some floors in One Island East Tower in Quarry Bay.
Curb enthusiasm, expectations over bank recovery: analysts - THE EDGE SINGAPORE

Broker's Calls

Curb enthusiasm, expectations over bank recovery: analysts

Maybank Kim Eng thinks the recent run up is “unsustainable”, and banks are moving “too fast, too furious".
Banks' 3Q20 results to be 'lukewarm', with slight recovery from 2Q20: PhillipCapital - THE EDGE SINGAPORE

Broker's Calls

Banks' 3Q20 results to be 'lukewarm', with slight recovery from 2Q20: PhillipCapital

Earlier that morning, UOB reported 40% lower 3Q20 net earnings of $668 million.
Lower asset yields and lower cost of funds expected ahead of banks 3Q20 results: analysts - THE EDGE SINGAPORE

Broker's Calls

Lower asset yields and lower cost of funds expected ahead of banks 3Q20 results: analysts

Singapore banks are navigating the downturn, with q-o-q credit cost and net profit improvements expected, say analysts.
Singapore's investment banking activities plunges to US$443.1 million in first nine months of 2020: Refinitiv - THE EDGE SINGAPORE

Zest

Singapore's investment banking activities plunges to US$443.1 million in first nine months of 2020: Refinitiv

Investment activities in Singapore amounted to US$443.1 million ($600.8 million) in the first nine months of the year, down 39.9%

Broker's Calls

Singapore banks could see softer growth momentum ahead, analysts warn

SINGAPORE (Dec 2): Singapore banks could see weaker margins ahead from falling interest rates, but analysts say growth could be lifted by overall positive momentum.
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