DBS
DBS is a Singaporean multinational banking and financial services corporation offering services in consumer, SME and corporate banking activities across Asia and the Middle East.
See below for the Latest DBS News, Analysis, Profit Results, Share Price Information, and Commentary.
DBS names Calvin Ong as head of consumer banking in Singapore
Ong will take over from Jeremy Soo beginning 1 January 2025.
DBS names Calvin Ong as head of consumer banking in Singapore
Ong will take over from Jeremy Soo beginning 1 January 2025.
Banks must expand net zero targets, set clearer O&G goals: org
Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.
Proposed bill lets police block bank transactions in ongoing scams
The bill does not cover traditional cheating cases involving in-person interactions.
DBS enhances gov’t grant payouts using blockchain for faster distribution
Once conditions are met, the cash is disbursed automatically.
DBS pilots blockchain-backed treasury tokens for treasury, liquidity mgmt
The tokens enable collaborator Ant Int’l to reduce settlements into seconds.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
DBS names Tan Su Shan as deputy CEO; will succeed Piyush Gupta in 2025
An internal evaluation by DBS found Tan the strongest of all candidates for CEO.
DBS’ net profit up 9% to S$5.76b in H1; Q2 dividend is 54 cents
Net profit rose 4% in Q2 as loans and deposits grew.
Fees lift Singapore banks’ Q2 profits
But their Q2 profits are likely to be lower compared to Q1, analysts said.
DBS launches bond portfolio managed by BlackRock
Customers can invest for a minimum of $1,000 and a 0.6% annual management fee.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
DBS rolls out gen AI assistant to customer service workforce
CSO assistant is expected to benefit its over 500 CSO staff in Singapore.
DDEx’s digital token trade value triples in 5M 2024
Active trading clients have also grown by 36% during the period.
DBS HK fined US$1.28m for anti-money laundering, review lapses
The bank failed to conduct due diligence in ‘high risk situations’ from 2012 and 2019.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
DBS Hong Kong names Ed Lam as board member
Lam is the CEO of LFX Limited.
DBS named as SEA’s most profitable bank
DBS ranked as the 10th largest company in terms of revenue in Fortune’s SEA 500 list.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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In Association with
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Most Read
1. GXS Bank launches term deposit product Boost Pocket 2. China’s big four banks face $100b shortfall in loss-absorbing capital 3. Labour force upskilling needed as SG nears 'super-aged' status 4. Cambodian banks breach covenants as bad loans surge 5. MAS, IBF working on gen AI job impact mapEvents
<time datetime="2024
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