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DBS Group Holdings (DBS)
Broker's Calls
UOB Kay Hian remains positive on DBS and OCBC ahead of 4QFY2022 results
The brokerage sees all three banks as being the prime beneficiaries of higher interest rates.
February 07, 2022
Broker's Calls
DBS's purchase of Citi's Taiwan consumer seen as 'positive' but not 'transformational': Maybank
Ahead of DBS’s results, which will be released on Feb 14, Wickramasinghe has kept his earnings per share (EPS) unchanged.
January 28, 2022
Broker's Calls
Be on 'heightened alert' for higher interest rates: UOB Kay Hian
Banks here will benefit from net interest margin (NIM) expansion starting 4Q2022, says UOB Kay Hian Research.
January 06, 2022
Zest
MAS to consider supervisory actions after DBS service glitch
The outages come as DBS prepares to face new challengers with the arrival of more digital banks in the city-state next year.
November 25, 2021
Sustainability
MAS partners financial industry to pilot digital platforms for better data on green finance
The pilots of the platforms are expected to be completed in the second half of 2022.
November 09, 2021
Results
DBS reports 31% higher net profit of $1.70 bil in 3QFY21; declares quarterly dividend of 33 cents
In the 9MFY2021, DBS reported a record net profit of $5.41 billion, up 46% y-o-y on the back of broad-based growth.
November 05, 2021
Global Economy
Briefs: IMF chief says more vaccinations can help tame inflation; Blockchain Association Singapore partners AntChain
"Tesla has far more demand than production, therefore we will only sell cars to Hertz for the same margin as to consumers.": Musk
November 03, 2021
Singapore FinTech Festival 2021
Blockchain spawns new digital exchanges
Local banks are increasingly using blockchain and digital exchanges to tokenise assets such as bonds
November 02, 2021
Zest
DBS Group to invest $300 mil to grow digital and intelligent banking capabilities
DBS will also look into scaling the use of intelligent banking in its PayLah! app.
November 02, 2021
New appointments
DBS names career DBS banker Soh Kian Tiong as chief risk officer
Soh began his career as a DBS trainee officer in 1995 in the corporate banking department.
October 25, 2021