DBS

Banking & finance

DBS to merge various businesses, forming Global Financial Markets group

Andrew Ng, who is currently the head of Treasury Markets, will oversee the new enlarged group.
Women CEOs face challenges  - THE EDGE SINGAPORE

Banking & finance

Women CEOs face challenges

Women CEOs face challenges in all fields, especially banking

Banking & finance

Local banks in the right markets but will face headwinds in 2024: analysts

Banks face pressure from NIMs, credit costs offset by higher wealth fees
DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases - THE EDGE SINGAPORE

Banking & finance

DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases

Customers can lock up funds in their bank accounts to safeguard against unauthorised transfers and malware scams.
MAS prohibits DBS from acquiring new business ventures for six months following repeated services disruptions - THE EDGE SINGAPORE

Banking & finance

MAS prohibits DBS from acquiring new business ventures for six months following repeated services disruptions

DBS will also be setting aside a special budget of $80 million to enhance system resiliency.

Right Timing

Support for STI appears at 3,230, banks turn into dividend plays

Support for the STI's decline is at 3,230. Among the banks, UOB has approached the mean of its price to book ratio

Right Timing

Banks’ rally may take a breather ahead of earnings announcements

If inflation peaks and the Fed stops raising, banks' credit costs could stay benign
Awaiting catalysts: China’s post-reopening recovery has disappointed but experts see better prospects ahead - THE EDGE SINGAPORE

Global stocks

Awaiting catalysts: China’s post-reopening recovery has disappointed but experts see better prospects ahead

There are obvious concerns, but there are also enough reasons for them to stay positive about China
Weak correlation between gold and Bitcoin despite the latter's safe-haven asset claims - THE EDGE SINGAPORE

Gold

Weak correlation between gold and Bitcoin despite the latter's safe-haven asset claims

The correlation between the two assets is not stable, the analyst says.
Straits Times Index retreats, but downside is likely limited   - THE EDGE SINGAPORE

Right Timing

Straits Times Index retreats, but downside is likely limited

Straits Times Index retreats but its downside is limited; DBS is building a base
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