DBS Group Holdings

Market Close

Singapore shares end lower on profit-taking

SINGAPORE (Dec 9): Singapore shares snapped a three-day winning streak to end lower on Friday, as investors booked some profits.

Update

More than 20 current and former DBS staff in Hong Kong arrested in probe: Apple Daily

(Dec 9): The Hong Kong Monetary Authority expressed concern after a newspaper said DBS Group Holdings staff were arrested in a probe connected with an alleged leak of customer data.

Commentary

How StanChart's heavier Singapore fine could look light: Bloomberg Gadfly

SINGAPORE (Dec 2): The kind that Standard Chartered Plc may have unwittingly facilitated is 86% more shameful than control lapses at DBS Group Holdings and UBS Group AG. Or so it seems from the simple arithmetic of financial penalties imposed by the Monet

DBS eliminates a dozen jobs at brokerage as trading slumps

SINGAPORE (Dec 2): DBS Group Holdings cut at least 12 roles across Asia at its brokerage unit, the latest bank to shrink its trading desk as volumes slump.

Market Close

STI closes 0.6% higher at 2,859.33

SINGAPORE (Nov 25): Straits Times Index ended Friday and the week at 2,859.33, up 0.6% from its previous close in line with other Asian markets.

Broker's Calls

DBS gets an upgrade as negatives largely priced in

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.

Stocks To Watch

DBS, UIC, Roxy-Pacific, SIA Engineering, GKE, Yuuzoo

SINGAPORE (Oct 31): Here are some factors and stocks that could move the market this Monday morning:

In print this week

Time for authorities to look into bond defaults by O&M companies?

SINGAPORE (Oct 28): The dearth of contracts and weak cashflows has driven O&M companies to either default on their bonds, or approach their bondholders for permission to loosen their financial covenants.

SGX tops the banks; tech important for future growth in finance sector

SINGAPORE (Oct 26): DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank, arguably the most closely followed stocks within the finance sector, did not come out tops in any of the three metrics by which the Billion Dollar Club companie
ABN AMRO

Julius Baer, DBS said to mull buying ABN AMRO Asia Private Bank

SINGAPORE (Oct 25): Julius Baer Group, DBS Group Holdings and LGT Bank are considering bids for ABN AMRO Group NV’s private-banking business in Asia, people with knowledge of the matter said. The banks have expressed interest in the ABN AMRO unit and
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