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DBS Group Holdings (DBS)
Zest
MAS calls DBS disruption 'unacceptable' after 10-hour outage
The central bank adds that it has instructed DBS to conduct a thorough investigation to establish the root cause of the disruption
March 29, 2023
Sustainability
Managing climate risk remains a growing priority for Asian SMEs; most willing to allocate 20% of budget to ESG efforts
The findings were a result of an inaugural survey conducted among 800 SMEs across six markets in Asia in August 2022.
March 23, 2023
Environmental, Social and Governance
Should boards enforce gender quotas? DBS panel stays divided
“There is nothing worse that you can do for women’s empowerment than [have] a quota,” says panel moderator Stephanie Yuen-Thio.
March 16, 2023
Broker's Calls
Analysts remain 'overweight' on Singapore banks; SVB seen as a 'non-event' for the sector
CLSA has upped its target prices for all three banks and see NIMs peaking at around 1Q2024.
March 16, 2023
Environmental, Social and Governance
DBS launches programme recognising women leaders, joins placement programme for underprivileged
Singapore has made good strides on women’s development, but this remains a work-in-progress, says Minister K Shanmugam.
March 14, 2023
Broker's Calls
ESG adoption up across Asean with DBS, Sembcorp and SGX top picks in Singapore: Maybank
“Strong capital levels, elevated margins and a wealth management turnaround should provide Singapore banks resilience.”
March 14, 2023
Broker's Calls
RHB sees fee income to be 'key earnings driver' in FY2023.
Among the three banks, DBS and OCBC are the RHB team's top picks.
March 13, 2023
Broker's Calls
Maybank downgrades Singapore banks to 'neutral' on NPL risks; lowers UOB and OCBC to 'hold'
Analyst Thilan Wickramasinghe points out that the sector’s risk-reward is now “largely balanced” as operations are still resilient
March 13, 2023
Zest
DBS CEO Piyush Gupta's salary grew by 13.3% y-o-y to $15.38 mil in FY2022 following 'breakout year'
"[In 2023], I believe Asian markets, having underperformed US markets over the past two years, will lead the upturn,” says Gupta.
March 09, 2023
Broker's Calls
Banks will benefit from the full impact of previous rate hikes in 2023, says UOB Kay Hian
UOB Kay Hian analyst Jonathan Koh has kept his "overweight" rating for the sector with "buy" calls for DBS and OCBC.
March 06, 2023