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.
Daily Markets Briefing: STI down 0.04%; DBS most active stock
DBS and SGX are highest stocks.
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.
Daily Markets Briefing: STI up 0.72%; SIA most active stock
DBS and UOB both recorded falls.
DBS launches multi family office platform
The bank is already in talks with over 20 clients and prospects across Asia.
Daily Markets Briefing: STI down 0.57%; Frasers L&C is most active stock
Joining Frasers is Emperador Inc.
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).
Daily Markets Briefing: STI up 0.35%; DBS is most active stock
Singtel is the most active stock.
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.