ANZ

Nuno Matos will become CEO at ANZ Group Holdings, succeeding Shayne Elliott who is retiring after nine years in the role that culminated in a tumultuous ending.

The participating banks include ABN AMRO, ANZ, CIMB, Deutsche Bank, Lloyds, Maybank, OCBC and UOB.

SINGAPORE (Nov 2): UOB Kay Hian remains bullish on DBS Group, maintaining a “buy” call with a target price of $18.98, despite the bank’s exposure to the oil and gas industry.

SINGAPORE (Nov 2): Maybank Kim Eng is upgrading DBS Group Holdings to “hold” with higher target price of $14.55 after raising FY16-18 estimated earnings by 1% each to reflect higher non-interest income and lower costs but offset by higher provisions.

SINGAPORE (Nov 1): DBS Group Holdings posted earnings of $1.07 billion for the 3Q ended Sept, 0.5% higher than the same quarter a year ago. This was in line with analysts’ expectations with Maybank Kim Eng upgrading the stock to a “hold” with a high