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DBS Group Holdings (DBS)
Broker's Calls
RHB keeps 'overweight' rating on Singapore banks; sees overall earnings to improve by 20% y-o-y in FY2023
Among the banks, RHB prefers DBS for its higher NIM sensitivity to interest rate changes, and OCBC, given its cheaper valuation.
January 09, 2023
Broker's Calls
Singapore banks continue to gain from high interest rates, new Asean supply chains: UOB Kay Hian
In particular, OCBC and UOB will benefit from reorientation of supply chain towards Asean countries, says one analyst.
January 06, 2023
Company in the news
Olam Agri picks banks for US$1 bil Singapore listing
The banks selected are Citigroup Inc., DBS Group Holdings Ltd., HSBC Holdings Plc and Morgan Stanley.
January 06, 2023
New appointments
DBS Hong Kong appoints Jeremy Kok as its head of treasury & markets
Prior to his appointment, Kok held dual roles as DBS’s regional head of credit derivatives and quant tech modelling.
January 03, 2023
Broker's Calls
Singapore banks seeing growth slowdown, UOB top pick: CGS-CIMB
Banking system loans contracted 1.8% y-o-y in November 2022.
January 03, 2023
Insider moves
MFS becomes CLINT's substantial shareholder again after buying units at lower price; DBS sells 1 mil units in CLAS
The sale brought DBS’s stake in CLAS to 37.97% or around 1.308 billion units.
December 24, 2022
Zest
DBS obtains approval from Taiwan authorities on Citigroup purchase
DBS, on Jan 28, said that it will pay a premium of $956 million in cash, plus the value of its assets for the acquisition.
December 23, 2022
Environmental, Social and Governance
Singapore's largest-cap firms lay out net-zero commitments
How have the largest local names on the Singapore Exchange (SGX) contributed to the global decarbonisation effort?
December 22, 2022
Special Feature
Are banks ready to weather climate risks? MSCI says 'none are fully prepared'
“Coming regulations mean that banks need to be able to quantify the exposure of their balance sheets to climate-related risks.”
December 19, 2022