Business
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial…
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DBS
Business
Former manager at DBS Bank admits cheating 4 clients of S$348k
A WEALTH planning manager with DBS Bank cheated four of his clients of S$348,000 in total by duping them into investing in fictitious…
Business
DBS names new heads of operations, and corporate and SME banking
SINGAPORE’S largest lender DBS named on Tuesday (Feb 18) its two picks for the group head of its corporate and SME banking unit, as well…
Business
MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according…
Business
DBS appoints group audit head Derrick Goh as group COO
SINGAPORE’S largest lender DBS has appointed its current group audit head, Derrick Goh, to assume the newly created role of group chief…
Business
DBS appoints group audit head Derrick Goh as group COO, a newly created role
SINGAPORE’S largest lender DBS has appointed its current group audit head, Derrick Goh, to assume the newly created role of group chief…
Business
Retirees should build nest egg of at least S$550,000 for ‘conservative’ needs, but Gen Zs, millennials could fall behind: DBS
BY 2030, a 65-year-old retiree would need a nest egg of at least S$550,000 to meet expenses based on “conservative needs” for 20 years.…
Business
Analysts raise target prices, dividend estimates on DBS, predicting higher valuation ahead
Among its high ROE businesses, a “standout” performer is its wealth management segment, says DBS ANALYSTS raised their target prices for…
Politics
Expect growth opportunities from more regional trade amid US tariffs: DBS
EVEN though the Trump administration may cause global volatility, DBS expects to gain from more intra-regional trade as a result of US…
Business
‘I’ll give it my best shot’: incoming DBS CEO Tan Su Shan eyes growth in high ROE businesses
INCOMING DBS chief executive Tan Su Shan said she will focus on growing businesses that provide a high return on equity (ROE), when she…
Business
DBS announces capital return dividend; to pay S$1,000 bonus to all staff except senior managers
DBS has set aside S$32 million to be issued as special one-time bonus of S$1,000 to all staff except senior managers, it said on Monday…
Business
DBS crosses S$46 for first time to hit new high on strong results and capital return dividend plan
SHARES of DBS rose to a historic level after it announced a capital return dividend of S$0.15 per share per quarter to be paid out over…
Business
DBS crosses S$46 for first time on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends,…
Business
DBS shares vault past S$46 in intraday trading on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends,…
Business
Singapore shares rise, with DBS driving gains; STI up 0.4%
SINGAPORE stocks closed higher on Monday (Feb 10) as investors cheered another round of record-breaking earnings reported by DBS, the…
Business
Stocks to watch: DBS, Suntec Reit, Frasers Property, Hutchison Port, Zheneng Jinjiang, Creative Tech
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 10). DBS: The lender posted net…
Business
DBS posts 11% rise in Q4 profit to S$2.52 billion; full-year earnings hit record S$11.29 billion
The lender proposed a final dividend of S$0.60 Singapore cents per share for the fourth quarter DBS posted net profit for the fourth…
Business
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
The local banking trio are due to report their fourth quarter and full year 2024 results in February INVESTORS are keenly watching the…
Business
DBS signs mandates for Singapore listings with potential valuations of US$1 billion
DBS, South-east Asia’s biggest bank, has several listings lined up for the Singapore market, including some potential blockbusters with…
Business
Stocks to watch: DBS, Keppel Reit, CapitaLand India Trust, Aims Apac Reit, Cordlife
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jan 28): DBS: The bank announced on…
Business
DBS raises stake in Shenzhen Rural Commercial Bank
SINGAPORE’S largest lender DBS Bank has acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB), increasing its stake from…
Business
DBS, OCBC, UOB to gain from higher AUM, fees amid booming family office scene
Upcoming Singapore Budget may give further tax incentives for philanthropy, sustainability SINGAPORE’S strong family office sector will…
Business
Alliance Bank’s top shareholder Vertical Theme is said to consider sale to DBS
INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake in…
Business
Alliance Bank Malaysia’s top shareholder Vertical Theme said to be mulling sale to DBS
INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake in…