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.

Singapore banks’ loan growth, fee income steady in Q2

But treasury customer income is lower after their record highs in Q1.

Singapore banks’ loan growth, fee income steady in Q2

But treasury customer income is lower after their record highs in Q1.

DBS and J.P Morgan top choice of banking employers: survey

Meanwhile, Goldman Sachs only ranked fifth despite competitive compensation.

DBS names Tan Su Shan as deputy CEO; will succeed Piyush Gupta in 2025

An internal evaluation by DBS found Tan the strongest of all candidates for CEO.

DBS’ net profit up 9% to S$5.76b in H1; Q2 dividend is 54 cents

Net profit rose 4% in Q2 as loans and deposits grew.

REITs set to weather expected August market dip

In the past 14 years, the STI ended lower 12 times in August.

DBS, Deloitte launch sustainability accelerator tool for SMEs

DBS aims to extend the tool to other markets from 2025.

DBS launches bond portfolio managed by BlackRock

Customers can invest for a minimum of $1,000 and a 0.6% annual management fee.

‘Flattish pricing’ seen for future developments on three URA sites: DBS

Homes on the Canberra Crescent site could sell for under $2,000 psf.

MAS “closely monitoring” global IT outage

Major banks reported little to no impact to customers and key operations.

DBS rolls out gen AI assistant to customer service workforce

CSO assistant is expected to benefit its over 500 CSO staff in Singapore.

Singapore REIT rally seen as rate cut speculation intensifies: DBS

Clients prefer REITs with heavy exposure on Singapore real estate.

High uncertainty fuels a divided inflation outlook among Singaporeans

Singaporeans' one-year-ahead inflation expectations have dipped to 4.2% in June 2024.

RTS Link could cause significant retail value leakage, warns expert

DBS also expects a 3% to 4% impact on local retail sales.

DDEx’s digital token trade value triples in 5M 2024

Active trading clients have also grown by 36% during the period.

Acrophyte buys 19% stake in ARA H-Trust

Acrophyte AM has acquired both ARA H-Trust’s REIT manager and trustee-manager.