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DBS Group Holdings (DBS)
Broker's Calls
RHB lowers DBS's TP to $33 amid weak economic outlook
The brokerage prefers UOB amongst the three Singaporean banks.
June 24, 2023
Global Economy
Briefs: MAS penalises Citi, DBS and OCBC for breaches of anti-money laundering requirements; Grab cuts 1,000 jobs
Quoteworthy: "That’s what the great embarrassment for dictators — when they didn’t know what happened." - US's Joe Biden.
June 23, 2023
Broker's Calls
UMS and Rex’s CEOs most overpaid in 2022 relative to their share price performances: UOB Kay Hian
Companies that got the most value out of their CEOs were YZJ, Singtel and SIA.
June 22, 2023
Zest
Liquidity risks low for Singapore banks though funding costs will rise in 2H2023: Bloomberg Intelligence
Singapore’s lenders’ LCR ratios remain healthy as at 1QFY2023 despite the rising interest rates, say the analysts.
June 16, 2023
Broker's Calls
Brokers' Digest: ESR-LOGOS REIT, CDLHT, Marco Polo Marine, Sembcorp Industries, DBS Group Holdings,
See what the analysts have to say this week.
June 16, 2023
Broker's Calls
Citi reinstates coverage on DBS with 'sell' call and target price of $26.60
Analyst Tan Yong Hong is proposing investors conduct a pair trade between DBS and OCBC.
June 12, 2023
Zest
Singapore banks are so flush with deposits that DBS is loaning MAS $30 bil
This underscores how Singapore has been a beneficiary as Asia’s wealthy shift their money to a perceived safe haven.
June 07, 2023
Broker's Calls
DBS's digital prowess could drive more efficient business processes over the longer term: CGS-CIMB
The analysts raise their FY2023-FY2025 DPS estimates to $1.98-$2.22.
May 24, 2023
Broker's Calls
Non-interest income recovery the next growth lever for local banks: CLSA
Non-interest income is roughly a third of total income for the banks.
May 18, 2023
Zest
DBS is considering expansion in Dubai, CEO Piyush Gupta says
Gupta’s remarks underscore the growing importance of Dubai, which is emerging as a favourite for hedge funds and financial firms.
May 09, 2023