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.

Market update: STI up 0.29%

Sembcorp Industries was seen with the most growth.

Market update: STI up 0.1%

Wilmar International was seen with the most growth.

DBS posts record S$6.8b net profits in 2021

Loan growth was at its highest in seven years.

Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21

Among the reasons for the decline is the weaker non-intertest income of banks.

Market update: STI up 0.28%

HongKongLand was seen with the most growth.

MAS slaps $930m additional capital requirements for DBS

This comes after the bank’s digital services went offline in November.

DBS acquires Citi Consumer Taiwan

The sale had a total cost of $2.2b.

DBS to acquire Taiwan Citi franchise at premium of $956m to $1.06b

The move is set to make the bank the largest foreign bank in Taiwan by assets. 

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.

DBS acquires Citi’s Taiwan consumer banking business

DBS will pay Citi in cash for the net assets plus a premium of S$956m.

What are three effective inflation hedges?

DBS said YoY inflation will stay elevated until May 2022.

Market update: STI down 0.05%

Keppel Corp had the most growth.

DBS named APAC’s top green, sustainability-linked mandated lead arranger 2021

The bank extended $4.86b in green syndicated and club loans across 40 deals.

Market update: STI up 1.45%

CapitaLandInvest had the most growth for the day.