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DBS Bank Limited
Blockchain
DBS announces DBS token services, introduces blockchain powered banking for institutions
DBS’s token services integrate blockchain-enabled capabilities with DBS’s core transaction banking services.
October 18, 2024
Deals, joint ventures & alliances
DBS and Chinese Council for Promotion of International Trade enter partnership to boost foreign investment and trade
An MOU was signed between both parties on Oct 7.
October 07, 2024
Cryptocurrency
Crypto has a trillion-dollar market capitalisation, but not widely accepted: DBS report
Is cryptocurrency considered money? Analyst Chang Wei Liang explores its introduction, the challenges crypto faces and what the future brings.
October 02, 2024
Broker's Calls
RHB maintains 'neutral' stance in financial services sector, chooses DBS as top pick
RHB maintains their earnings forecast but expects sector 2024F PATMI to increase by 6% y-o-y.
September 23, 2024
Insider moves
DBS sells 500,000 units in CLAR for $1.5 mil
Units in CLAR closed 3 cents higher, or up 1.03%, at $2.94 on Sept 16.
September 16, 2024
Broker's Calls
Singapore banks may reduce WACC through debt offerings, boosting shareholder gains: Bloomberg report
According to the report, Singapore banks have ‘room to optimise’ their costly capital structure.
September 16, 2024
Insider moves
DBS buys 675,000 units in CLAR for $1.9 mil
Following the transaction, DBS’ stake in CLAR came up to 0.849%.
September 10, 2024
Insider moves
DBS sells 1 mil units in CLAR for $2.9 mil
On Aug 27, however, DBS acquired 100,000 units in CLAR at $286,000 or $2.86 per unit.
September 02, 2024
Broker's Calls
Ahead of impending interest rate cuts, RHB has named DBS as top pick among Singapore banks
Upcoming rate cuts have taken spotlight off the banks’ results, which were "slight beat" on trading and investment income decline.
August 30, 2024
Broker's Calls
Analysts mixed on S’pore banks amid impending rate cuts, DBS named top pick
CLSA maintains their “overweight” call, while RHB remains “neutral”.
August 26, 2024