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.
REITs set to weather expected August market dip
REITs set to weather expected August market dip
In the past 14 years, the STI ended lower 12 times in August.
DBS Bank cuts stake in Hoe Leong to 4.99% with share sale
It sold 29.477 million shares.
Which S-REITs will benefit from MAS's reduced interest coverage ratio?
MAS proposed a 1.5x minimum ICR for all REITs.
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.
DBS HK fined US$1.28m for anti-money laundering, review lapses
The bank failed to conduct due diligence in ‘high risk situations’ from 2012 and 2019.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
CDL secures $400m TNFD targets-aligned sustainability-linked loan from DBS
The SGX-listed builder has now secured over $8b in sustainable loans since 2017.
85 Singaporean companies included in Fortune’s SEA 500 rankings
Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.