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DBS Group Holdings
Bad loan charges to hit Singapore's three biggest banks
SINGAPORE (Oct 25): Singapore’s three largest banks are poised to report higher impairment charges for loans to the struggling oil and gas industry and weaker interest margins when they post third-quarter earnings in coming days.
October 25, 2016
OCBC said to consider sale of stake in United Engineers again
SINGAPORE (Sept 26): Oversea-Chinese Banking Corp. and affiliates are again weighing the sale of their stake in United Engineers, a century-old Singapore property and construction company, according to people with knowledge of the matter.
September 26, 2016
Broker's Calls
DBS ‘at risk’ exposure remains low
SINGAPORE (Sept 2): Daiwa is reiterating its “buy” call with $22 price target for DBS Group Holdings as the research house believes the street’s post-Swiber earnings per share downgrades are overdone.
September 02, 2016
Broker's Calls
DBS to gain most among Singapore banks from a US rate increase
SINGAPORE (Sept 1): DBS Group Holdings will benefit most among the three Singapore banks if the US Fed raises interest rates soon, RHB Research says.
September 01, 2016
Singapore charges three men in first front-running case
SINGAPORE (Aug 25): Singapore has charged three men with insider trading in the city’s first front-running case.
August 25, 2016
DBS plans USD additional tier 1 capital securities offering: WSJ
SINGAPORE (Aug 23): DBS Group Holdings is planning to issue US dollar-denominated additional tier 1 capital securities, according to a mandate seen on Tuesday by The Wall Street Journal.
August 23, 2016
DBS chief Gupta defends decision to extend lifeline to Swiber
SINGAPORE (Aug 8): DBS Group Holdings’ top executive defended his bank's decision to throw Swiber Holdings a $197 million lifeline, indicating the lender was caught off guard by the speed at which the energy-services company collapsed in recent week
August 08, 2016
Market Close
STI closes 1.5% higher at 2,870.78
SINGAPORE (Aug 8): Singapore shares ended higher Monday with banks leading the gains.
August 08, 2016
Singapore shares higher on US cues; DBS gains
SINGAPORE (Aug 8): Singapore shares are trading higher after positive US jobs data Friday.
August 08, 2016