Welcome!
Piyush Gupta
Zest
T-bills tide to turn in May, says DBS's Piyush Gupta
DBS's Singapore dollar savings account deposits were down 14.7% h-o-h and 11.4% y-o-y to $137.8 billion as at Dec 31, 2022.
February 13, 2023
Zest
DBS head 'not concerned' about $1.3 bil Adani exposure, $10 bil profit goal possible in FY2023
“The cement companies are solid, cash-generating companies... So, we're not concerned about the exposure.”
February 13, 2023
Results
DBS posts record high earnings of $2.24 bil in 3QFY2022, up 32% y-o-y
DBS has declared a quarterly dividend of 36 cents per share, bringing its total dividend for the 9MFY2022 to $1.08 per share.
November 03, 2022
Sustainability
Refurbished DBS Newton Green is Singapore's first net-zero building by a bank
The retrofitting works are projected to cut the building's energy consumption by at least 70%.
July 18, 2022
Results
DBS 1Q net profit down 10% y-o-y, up 30% q-o-q
The quarter's earnings were "second only to the exceptional quarter a year ago" says DBS CEO Piyush Gupta.
April 29, 2022
Zest
DBS CEO receives big pay hike to $13.58 mil for FY2021 following record year
For FY2021, the bank reported record earnings of $6.8 billion, up 44%.
March 09, 2022
Insider moves
Venture Corp’s Wong raises stake just before stepping down as CEO
Wong, who will remain as executive chairman, will be succeeded as CEO by Lee Ghai Keen, the current COO.
November 18, 2021
Environmental, Social and Governance
Companies need 'granular pathways' for sustainability but who's paving them?
"I can tell you not one of us has a clue of how we are going to get there."
October 06, 2021
China Focus
DBS CEO says China's common prosperity drive is 'a good thing'
The world has created massive pools of inequality in the last 15 to 20 years perpetuated by technology, says Gupta
September 12, 2021
Results
DBS sees record earnings of $3.71 bil for 1H21; interim dividend of 33 cents declared
The quarter’s dividend brings the total dividend for the 1HFY2021 to 51 cents per share.
August 05, 2021