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 partners with IRAS to provide individual and corporate taxpayers with eGIRO
DBS partners with IRAS to provide individual and corporate taxpayers with eGIRO
The eGIRO service aims to benefit two million GIRO users in Singapore.
DBS Bank offloads 64,700 shares in Hutchison Port Holdings Trust
Its stake after divestment stood at 0.809%.
DBS launches financing, hedging solutions for EU ETS climate obligations
EU ETS is the world’s first carbon emissions trading scheme.
Singaporean banks roll out face verification for digital token setup
It is expected to make it harder for scammers to take over a customer’s DT.
DBS sells 500,000 units in CLAR for $2.91 apiece
This transaction brought its stake in CLAR to 0.825%.
DBS names Calvin Ong as head of consumer banking in Singapore
Ong will take over from Jeremy Soo beginning 1 January 2025.
Proposed bill lets police block bank transactions in ongoing scams
The bill does not cover traditional cheating cases involving in-person interactions.
CapitaLand India Trust issues $150m notes due 2027
The notes are expected to be issued on 30 August 2024.
DBS prices Temasek's dual-tranche offshore CNY bonds
The bonds were priced at fixed rates of 2.75% and 3.10% per annum.
Which REITs will benefit most from rate cuts?
Experts expect two 25bps cuts in 2024.
Future Economy Advisory Panel kicks off first meeting
Senior executives from DBS, Grab, and Microsoft Asia are part of the panel.
MAS partners with banks, tech on quantum security enhancement
The central bank also launched a grant scheme to fund quantum projects.
Singapore retailers told to step up as RTS link with Johor Bahru looms
Shops should add value and cut costs to battle their lower-priced rivals.
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.
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