DBS
DBS is a Singaporean multinational banking and financial services corporation offering services in consumer, SME and corporate banking activities across Asia and the Middle East.
See below for the Latest DBS News, Analysis, Profit Results, Share Price Information, and Commentary.
DBS Asia Capital names Lindsay Chu as new CEO
Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.
DBS Asia Capital names Lindsay Chu as new CEO
Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.
DBS completes intraday repo transaction on a blockchain-based network
Repo transactions will finish within hours instead of one to two days.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
DBS Group’s net profit jumps 32% YoY to $2.24b in Q3
Its total income grew 28% to $4.54b.
DBS offers SMEs up to S$300,000 financing with DBS Quick Finance
Customers can choose between an overdraft or a loan.
Does the future of banking lie in the metaverse?
Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.
DBS unveils tech apprenticeship programme for polytechnic students
It will take in 20 students this year to start and later expand across all 5 polytechnics in SG.
DBS’ emission targets to drive improved emission disclosure in SEA
The move is expected to improve the quantity and quality of data disclosures on GHG.
DBS unveils targets for decarbonisation, data coverage under net zero goal
It plans to reduce emissions from O&G sector by 28% in 2030.
DBS buy virtual land at The Sandbox metaverse to create DBS BetterWorld
It will acquire a 3x3 plot of land to develop.
DBS’ DDEx doubles trade volume in June from April
The number of BTC and ETH bought also rose by over 50%.
DBS Hong Kong names Betty Lam as managing director, head of HR
Lam had previous served in senior HR positions for HSBC, AIA, and PepsiCo.
DBS Hong Kong unveils fully-digital card loans
Customers can apply for a credit card via the DBS Card+ app.
DBS appoints Dennis Lam as CEO of DBS Vickers Hong Kong
He was former the deputy head of research in DBS Hong Kong.
Salaries soar as Hong Kong banks engage in poaching war to hire & retain talent
HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring.
DBS denies interest in India’s IDBI Bank: report
This follows after reports said that DBS is mulling purchase of a stake in the bank.
DBS net profit down 3% in H1, but Q2 profits second-highest in history
The bank is expected to benefit from rising interest rates, says CEO Piyush Gupta.
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