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DBS Group Holdings
DBS CEO says wealth management to account for a fifth of bank's revenue
SINGAPORE (March 2): DBS Group Holdings expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20% of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's larg
March 02, 2017
Broker's Calls
UOB stays overweight on Singapore banks
SINGAPORE (Feb 22): UOB KayHian is maintaining its “overweight” rating on the local banking sector, keeping DBS Group Holdings and Oversea-Chinese Banking Corp as its top buys.
February 22, 2017
Singapore banks' ‘AA–‘ and stable outlooks intact, says Fitch
SINGAPORE (Feb 21): Singapore’s local banks of ‘AA–‘ credit ratings and Stable Outlooks will continue to be supported by their adequate profitability, disciplined funding and liquidity and strong capitalisation, despite weaker asset quality, says
February 21, 2017
DBS CEO signals bank may be past worst of energy-loan issues
SINGAPORE (Feb 16): DBS Group Holdings chief executive officer signaled that the Singaporean bank may be past the worst of its problems from loans to troubled oil and gas-services companies.
February 16, 2017
Biggest Singaporean banks' earnings in focus as Ezra woes deepen
SINGAPORE (Feb 13): The woes of Singaporean energy-services provider Ezra Holdings are a stark reminder to the city’s biggest banks of the threat souring oil and gas loans pose to their earnings.
February 13, 2017
DBS sells PwC Building for $358 mil
SINGAPORE (Feb 10): DBS Group Holdings’ wholly-owned subsidiary, DBS Bank, has agreed to sell its entire stake in DBS China Square for $358 million in cash.
February 10, 2017
DBS introduces enhanced digital wealth management platform
SINGAPORE (Feb 10): DBS has introduced an enhanced digital wealth management platform that makes it easier for customers to manage their wealth with better access information and easier ways to transact and trade.
February 10, 2017
Broker's Calls
How will DBS fare this 4Q? Here’s a preview
SINGAPORE (Feb 2): UOB Kay Hian expects DBS Group Holdings to report on Feb 16 a “decent” net profit of $983 million for 4Q16, down 8% on quarter but flat on-year.
February 02, 2017
In print this week
Hunting high and low for stock bargains? Here's how to narrow the search
SINGAPORE (Jan 13): Many of the stocks that have done well this past year and are currently trading close to their 52-week highs, have great micro- fundamentals and could continue to deliver many years of growth.
January 13, 2017
Engaged entrepreneur
From practising kung fu to saving orangutans and driving innovation at DBS Bank, Neal Cross is charting an unconventional path as chief innovation officer.
December 19, 2016