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.

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.

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.

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.

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.

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.

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

Market Close

STI closes 1.5% higher at 2,870.78

SINGAPORE (Aug 8): Singapore shares ended higher Monday with banks leading the gains.

Singapore shares higher on US cues; DBS gains

SINGAPORE (Aug 8): Singapore shares are trading higher after positive US jobs data Friday.
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