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 posts US$1.3b net profit in Q1, second-highest on record

Wealth and investment banking fees were lower after 2021’s exceptional year.

DBS posts US$1.3b net profit in Q1, second-highest on record

Wealth and investment banking fees were lower after 2021’s exceptional year.

DBS, Manulife Singapore launch insurance starter plan ProtectFirst

Customers can choose from three plans that focus on illness, life protection, or accident coverage.

DBS China appoints Ginger Cheng as new CEO

Current CEO Neil Ge will be retiring from the bank at the end-June 2022.

DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021

His cash bonus jumped 51% in 2021 compared to the previous year.

DBS forges on with net-zero goals in 2022

It is transforming its data centres and server rooms into carbon-neutral assets.

DBS establishes Board Sustainability Committee

It will be chaired by CEO Piyush Gupta and will consist of DBS board members.

DBS Hong Kong suspends counter services in 14 branches

All branches will be closed every Saturday.

Singapore banks halt lending for Russian energy trades: report

DBS, OCBC, and UOB have reportedly stopped issuing letters of credit.

DBS, OCBC, UOB: Who performed best in Q4 2021?

One of the three failed to meet market expectations.

DBS Digital Exchange poised to become key player in digital assets 

The members-only exchange is one of the world’s first bank-backed digital exchanges.

Singapore's carbon tax hike to leave massive economic impact: banks

Power generation, manufacturing, transport industries will be the most impacted.

DBS posts record S$6.8b net profits in 2021

Loan growth was at its highest in seven years.

MAS slaps S$930m additional capital requirements for DBS

This comes after the bank’s digital services went offline in November.

SEA banks' more crypto exposure could hit earnings in the long run: Fitch

Banks looking to dab in crypto face operational, reputational, and legal risks.

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.