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.

Daily Markets Briefing: STI up 0.55%; Yangzijiang is highest stock

DFI Retail Group and Sembcorp Industries are top stocks.

Daily Markets Briefing: STI up 0.55%; Yangzijiang is highest stock

DFI Retail Group and Sembcorp Industries are top stocks.

MAS unveils open-source toolkit for responsible AI-use in finance

It was supported by the collaborative effort of the association of 31 industry players.

MAS forms Project Guardian Industry Group with 11 FIs

The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks. 

Clifford Capital Holdings names J.P. Morgan banker as new CEO

P. Murlidhar Maiya was CEO of the bank’s South and Southeast Asia businesses.

MAS fines 4 entities S$3.8m for failures in anti-money laundering controls

DBS and OCBC are fined S$2.6m and S$600,000, respectively.

DBS accepts S$2.6m penalty for AML control breaches

It is being fined for breaches related to 11 of its corporate customers.

DBS launches multi family office platform

The bank is already in talks with over 20 clients and prospects across Asia.

Daily Markets Briefing: STI up 0.24%; DBS is leading

DBS and Yangzijiang Shipbuilding are the most active stock.

Singapore banks deliver strong earnings growth in Q1

OCBC outperformed with a net interest margin expansion of 75bp YoY.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

DBS imposed with $1.6b additional capital requirements for service disruptions

Total additional regulatory capital has now reached about S$1.6b (US$1.2b).

Half of Singaporeans expect inflation to decline in the next 12 months

Consumers cite three reasons for the shift in their expectations.

Has MAS' tightening cycle finally come to an end?

The central bank kept its policy unchanged in April, for the first time since October 2021.