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 acquires Citi’s Taiwan consumer banking business
DBS will pay Citi in cash for the net assets plus a premium of S$956m.
DBS acquires Citi’s Taiwan consumer banking business
DBS will pay Citi in cash for the net assets plus a premium of S$956m.
DBS named APAC’s top green, sustainability-linked mandated lead arranger 2021
The bank extended $4.86b in green syndicated and club loans across 40 deals.
DBS’ suffers digital bank service glitch; MAS mulls taking supervisory action
DBS Country Head Shee Tse Koon has apologised for the disruptions.
Singapore banks, SGTraDex to develop standards for green trade finance digitalisation
UOB, DBS, OCBC, and Standard Chartered are participating in the initiative.
Regulation, late digitisation challenge Web 3.0 adoption in wholesale banking
Web 3.0 is taking over, but many businesses have yet to move past Web 1.5.
DBS’ net profits jump 31% to $1.7b in Q3
The non-performing loans rate remained unchanged at 1.5% during the quarter.
DBS rolls out one-stop sustainability-focused platform
The bank will also launch an autonomous carbon calculator service under LiveBetter.
DBS names Soh Kian Tiong as chief risk officer
He has over 25 years of experience in business and risk roles.
DBS Hong Kong, China’s PSBC to offer services under Wealth Management Connect
PSBC is one of the largest state-owned banks in China.
MAS, Singapore banks build digital platform against money laundering
This will allow sharing of customer and transaction data on money laundering cases.
MAS grants DBS brokerage arm crypto licence
The monetary authority also granted one to an Australian firm.
DBS rolls out self-managed card payment control features
Users will be able to set spending limits and block cards, amongst other features.
Singapore banks push ahead to post-pandemic era
Significant loan book exposure in China is helping them recover faster than their regional peers.
DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced
Fee income rose to a record as wealth fees hit new heights.
Singapore lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
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