DBS Group Holdings

US-China trade war

US-China tensions similar to Athens-Sparta rivalry, says DBS CEO Piyush Gupta

SINGAPORE (July 4): Unresolved tensions between the US and China today can be likened to the great rivalry between the ancient Greek cities of Athens and Sparta, according to DBS Group Holdings CEO Piyush Gupta.

Fintech

Grab eyes Singapore banking licence as regulator studies virtual banks

(June 12): Grab, Southeast Asia’s most valuable startup, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said.

Broker's Calls

CGS-CIMB keeps UOB as top bank sector pick despite underperforming NIM expansion

SINGAPORE (June 3): CGS-CIMB Research is keeping United Overseas Bank (UOB) as its top pick among the Singapore banks, despite the bank’s NIM expansion underperforming compared to its peers.

Broker's Calls

RHB stays 'overweight' on Singapore banks as MAS keeps policy unchanged

SINGAPORE (Apr 15): RHB Group Research is maintaining its “overweight” call on Singapore banks, after the Monetary Authority of Singapore (MAS) on Friday kept its monetary policy settings unchanged amid a worsening global growth outlook and low inflat

Broker's Calls

DBS is Maybank Kim Eng's top pick amid expectation of wider NIM in 2019

SINGAPORE (Mar 7): Maybank Kim Eng Research says DBS Bank is its top pick among local banks on the back of its strong low cost deposit franchise.

In print this week

Stocking up on the future

SINGAPORE (Feb 4): The advent of another new year has us thinking about the future — specifically the future economy. From preschoolers to mid-career executives, corporate bosses to top civil servants, just about everybody is busy preparing for the disr

In print this week

Bringing home the bacon

SINGAPORE (Feb 1): The Edge Singapore has assembled the annual portfolio of 10 stocks, done in conjunction with the Lunar New Year.

Singapore economy

A new Singapore cabinet could propel stocks higher: OCBC

(Dec 6): Singapore equity valuations are likely to benefit from the handover of the country’s reins to younger leaders.

Results

DBS reports 72% higher 3Q net profit of $1.4 bil on record total income

SINGAPORE (Nov 5): DBS Group Holdings reported a net profit of $1.4 billion for 3Q18, up 72% from $822 million a year ago when accelerated allowances had been taken for weak oil & gas support service exposures.

Broker's Calls

Go defensiveness after this week's market meltdown, says OCBC

SINGAPORE (Oct 12): The Dow Jones Industrial Average on Wednesday fell more than 800 points while the S&P 500 had its worst day since February as technology stocks were battered.
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