DBS Group Holdings

In print this week

Which private bank play should investors bank on?

SINGAPORE (Aug 11): Singapore’s three local banks – DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank – have expanded regionally over the last couple of decades, putting them in a stronger position to gather onshore assets fo

Results

DBS 2Q earnings rise 8% to $1.14 bil; achieves record earnings of $2.35 bil for half year

SINGAPORE (Aug 4): DBS Group achieved record earnings of $2.35 billion for first-half 2017, up 4% from a year ago as total income reached a half-year high of $5.81 billion, expenses decline with digitalisation and with lower allowances.

DBS plans US dollar Green bond debut

HONG KONG (July 17): DBS Group Holdings, rated Aa2/AA- (Moody’s/Fitch), has hired banks for a potential offering of US dollar Green bonds, which would be the first offshore issue of this kind from a Singapore issuer.

Broker's Calls

Singapore banks fairly valued but Maybank sees upside risks

SINGAPORE (July 3): Maybank Kim Eng is maintaining its “neutral” recommendation on Singapore banks as valuations appear to be fair in view of tail risks from the Oil & Gas sector and stable net interest margins.

In print this week

Venture debt fills important funding gap, says InnoVen; but it may lower valuations

SINGAPORE (July 3): GuavaPass, the start-up that sells fitness centre subscriptions, is profitable and could probably raise equity from venture capitalists quite easily. But the KFit rival prefers to take on debt. “It is less expensive than equity,” s

Fintech

Jack Ma’s shadow looms large for banks across Southeast Asia

SINGAPORE/SHANGHAI (June 30): Over the past two months, some 1,000 part-time workers for DBS Group Holdings Ltd. have fanned out across Singapore’s famed food courts, trying to entice mom-and-pop hawkers to use the bank’s digital payments service, ca

Why SPH needs to restructure itself

(June 27): The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The

Noble Group's share slump worsens as DBS sees further losses

SINGAPORE (May 12): Noble Group Ltd.’s losses could continue as the commodity trader may be unable to hedge price risks in its coal business effectively, according to DBS Group Holdings, which cut its share price target by about 60%. The stock extended

In print this week

Why you should bank on these stocks to continue outperforming

SINGAPORE (May 12): DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank have been among the strongest drivers of the Straits Times Index recently. Since the beginning of the year, their stocks have rallied 20%, 17.3% and 17.3% respec
thermal coal

Outperforming banks lift STI; portfolio dragged down by GEAR

SINGAPORE (May 12): The Straits Times Index is on a tear. In the one-week period to May 9, the benchmark index gained 1.2%, buoyed by strong results from the banks. Notably, shares of DBS Group Holdings, Oversea- Chinese Banking Corp and United Overseas B
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