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DBS Group Holdings (DBS)
Insider moves
DBS buys more units in CapitaLand Ascendas REIT, days after disposal
The bank paid a total consideration of $1.37 million for the units or $2.74 apiece.
August 15, 2023
Singapore news
Top Singapore banker calls for rethink of city’s reserves
We have capital resources, how do we put it to work to create competitive advantage?” says Piyush Gupta.
August 14, 2023
Zest
DBS completes acquisition of Citi’s consumer banking business in Taiwan
The transaction has boosted DBS Taiwan’s consumer business growth by over 10 years.
August 14, 2023
Zest
DBS offers better risk-reward with NIM and dividend
Based on the results of the local banks, DBS Group Holdings’ 2QFY2023 ended June results exceeded the expectations of analysts.
August 10, 2023
Zest
Lessons from DeFi, P2P and the future that didn’t work
People participating in DeFi are likely to find hidden risks in the system which are not likely to disappear in the next 10 years.
August 10, 2023
Zest
Big bank theory
How DBS group CEO's Piyush Gupta is building a sustainable future for the bank in the face of weaker demand for loans and more.
August 10, 2023
Broker's Calls
Singapore banks 'ploughing ahead', with 2QFY2023 results beating CLSA's conservative estimates
CLSA analysts believe NIMs will peak out at end-2023.
August 10, 2023
Broker's Calls
Analysts from Maybank, UOBKH raise TPs on DBS after 1HFY2023 results
The analysts' target prices range from $35.30 to $44.35.
August 08, 2023
Insider moves
DBS CEO Piyush Gupta disposes of 100,000 DBS shares at over $34 apiece
Shares in DBS closed at $34.35 on Aug 7.
August 08, 2023
Results
DBS reports record net profit of $2.69 bil in the 2QFY2023, up 48% y-o-y; declares dividend of 48 cents per share
The bank has declared an interim quarterly dividend of 48 cents per share, which will be paid out on or around Aug 24.
August 03, 2023