DBS Bank Limited

Insider moves

DBS disposes of 54,600 units in CLINT for $61,152

Following the transaction, DBS’ stake in CLINT stood at 0.431%.

Broker's Calls

DBS notes a volatile year ahead, sets STI end-2025 target at 3,950

The top themes for 2025 are Trump trade, stocks with earnings resilience and recovery and beneficiaries of MAS review.
DBS and Japan Financial Corporation sign MOU to support regionalisation of Japanese SMEs - THE EDGE SINGAPORE

Banking & finance

DBS and Japan Finance Corporation sign MOU to support regionalisation of Japanese SMEs

In its release dated Nov 27, DBS revealed that this partnership would enable DBS to provide financing support for SMEs expanding into key Asian markets.

Insider moves

DBS buys 675,000 units in CLINT for $0.7 mil

Following the transaction, DBS’ stake in CLINT came up at 0.443%.

Broker's Calls

RHB upgrades Singapore banks to ‘overweight’ as it sees upside from capital management initiatives

UOB and DBS are RHB’s top picks with “buy” calls. RHB has remained “neutral” on OCBC.
Citi remains ‘neutral’ on DBS after Gautam Adani charged with bribery and fraud in the US - THE EDGE SINGAPORE

Broker's Calls

Citi remains ‘neutral’ on DBS after Gautam Adani charged with bribery and fraud in the US

As per DBS’s 4QFY2022 ended Dec 31, DBS has a $1.3 billion exposure to Adani Group.

India

Expanding Indian diaspora spearheading growth of family offices worldwide: DBS report

The 6th edition of Global Indian Family Offices: Evolution of the Indian Diaspora report was released on Nov 5.

Broker's Calls

DBS has identified CDG, Sats, DFI and AEM as top stock picks amid the US elections

On the other hand, DBS notes that earnings for Genting and FHT could “surprise on the downside”.

Singapore news

DBS’s Tan Su Shan named on Forbes Asia’s 2024 Power Businesswomen list

Forbes unveiled its Asia’s Power Businesswomen list on Nov 5, honouring 20 outstanding female leaders.
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