DBS Group Holdings

Broker's Calls

Stick with these quality companies for upside in 2018, says OCBC

SINGAPORE (Dec 14): OCBC Investment Research says upside remains even as 2018 is unlikely to see a repeat of the “stellar gains” this year.
DBS Piyush Gupta. Photo by Chan Chao Peh.

Fintech

DBS rides on digital drive to overtake Singtel as most valuable Singapore company

SINGAPORE (Nov 22): DBS Group Holdings has overtaken Singtel as the largest company incorporated in Singapore by market value, with the lender putting forward numbers to show progress and better returns from its digitisation efforts.

Broker's Calls

Digital transformation to feed DBS' growth

SINGAPORE (Nov 22): UOB Kay Hian is maintaining its “buy” call on DBS Group Holdings with a higher target price of $26.10 as the bank embarks on a digital transformation in mindset and culture.

Right Timing

Right timing: Temporary correction underway for banks

SINGAPORE (Nov 17): Here are some stocks for our technical analysis this week:

Noble Group loses key bank support as DBS cuts lending

(Nov 13): Noble Group, the commodity trader fighting for survival, lost support from one of its key banks as Singapore’s DBS Group Holdings cut lending, according to a person with knowledge of the matter. Shares fell.

DBS shrugs off poor results, Venture pushes higher, and Cogent gets an offer

(Nov 13): It has been an interesting week of results for our Singapore Market Portfolio, with two of our larger-cap holdings hitting new highs after reporting their 3QFY2017 numbers. Meanwhile, another one of our holdings benefited from an offer.

DBS profit sinks as bank tries to put bad loans behind it

SINGAPORE (Nov 6): DBS Group Holdings Chief Executive Officer Piyush Gupta was determined to put the pain of soured energy-industry loans behind him -- even if it meant profit missing the lowest analyst estimate by a wide margin.

Results

DBS reports 25% lower 3Q earnings of $802 mil on higher net allowances

SINGAPORE (Nov 6): DBS Group Holdings reported 25% lower 3Q earnings of $802 million from the same quarter a year ago.

Fintech

DBS launches new banking API developer platform; India holds greatest promise for fintech partnerships

SINGAPORE (Nov 2): DBS Group Holdings has launched what it says to be the world’s first and largest banking API (application programming interface) developer platform.

Simulation model projects loss of 37% if war breaks out

(Sept 11): In the wake of destruction wrought by Hurricane Harvey in Texas, the US is set for another storm. Hurricane Irma, which is said to be one of the most powerful Atlantic hurricanes ever, is expected to hit Florida this weekend. At the same time,
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