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DBS Group Holdings
Investing ideas
Yoma Strategic poised to soar as Ayala partnership unlocks opportunities for growth, says DBS
SINGAPORE (Nov 15): DBS Group Research is keeping a keen eye on Yoma Strategic Holdings, following news that Philippine conglomerate Ayala Corporation in injecting some US$155 million ($211 million) to acquire a 20% stake in the Myanmar-focused company.
November 15, 2019
Investing ideas
Analysts divided as DBS beats estimates with 'solid' 3Q
DBS saw its 3Q19 earnings jump 15% y-o-y to $1.63 billion, as total income for the quarter grew 13% to a new high of $3.82 billion on the back of loan growth, record fee income and higher trading gains.
The 3Q19 earnings were some 3.8% higher than th
November 12, 2019
Hong Kong protests
DBS widens allowances for Hong Kong operations amid political turmoil; earnings hit
SINGAPORE (Nov 11): While DBS Group Holdings CEO Piyush Gupta is confident of the bank’s prospects in Hong Kong, the political turmoil there has prompted the bank to take a prudent approach for its operations in the territory.
November 11, 2019
Company in the news
Bank Permata draws interest from both DBS and OCBC
SINGAPORE (Oct 14): Bank Permata — 44.6% held by Standard Chartered and 44.6% held by Astra International — has no shortage of suitors. DealStreetAsia reported that DBS Group Holdings is the latest bank to be interested in Bank Permata, following earl
October 11, 2019
Finance
SGX's sustainability push helps secure win; DBS records highest shareholders' return
SINGAPORE (Sept 16): With an overall score of 40.41 points, the Singapore Exchange has emerged as the finance sector winner of The Edge Singapore’s Billion Dollar Club award. The stock exchange operator beat the three local banks — DBS Group Holdings,
September 13, 2019
Zest
Singapore expects new digital banks to start by mid-2021
SINGAPORE (Aug 29): Singapore plans to award licenses for its new digital banking initiative by mid-2020, with successful applicants expected to start business a year later, its financial regulator said.
August 29, 2019
Billion Dollar Club 2020
Corporate leadership in a time of 'conscious capitalism'
The Edge Singapore’s Billion Dollar Club recognises leading performers among the largest local listed companies.
August 23, 2019