DBS, Southeast Asia’s largest bank, is setting aside $23.6 million to reward staff for another ‘record performance’
The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, ...
U.S. tariffs and interest rate uncertainties make 2025 a "choppy year": DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net ...
The Edge Singapore6h
DBS doubts China’s AI breakthrough will be a catalyst for sustained rally
Rather than the fervour over AI, DBS analysts believe investments with short-term trading purposes are key drivers for both ...
City Developments (CDEVF) Receives a Buy from DBS
DBS analyst Tabitha Foo maintained a Buy rating on City Developments (CDEVF – Research Report) today. The company’s shares closed last Tuesday ...
Asia One4h
DBS appoints Derrick Goh as group COO in newly created role
Singapore's largest bank DBS announced another spate of leadership changes in senior-level appointments on Wednesday (Feb 12) ...
The Edge Singapore20h
DBS makes two new senior leadership appointments as part of bank's succession planning
Derrick Goh will assume the newly created role of Group Chief Operating Officer; and Koh Kar Siong will take over as Group ...
Business Times23h
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 ...
DBS to reward workers with special bonus
SINGAPORE: DBS Group will reward all employees, excluding senior managers, with a special one-time bonus of S$1,000 each, and ...
DBS Group targets mid-teens growth in wealth management for 2025 amid strong new money inflows
Wealth management saw net new money of $21B for the year, with $6B added in Q4, driven by disciplined client onboarding and product offerings. Gupta noted that the team has budgeted mid-teens growth ...
DBS Group Holdings (DBSDF) was downgraded to a Hold Rating at UOB Kay Hian
DBS Group Holdings (DBSDF – Research Report) received a Hold rating and price target from UOB Kay Hian analyst Jonathan Koh today. The ...
DBS Net Profit Likely Rose 9.5% in 2024 -- Earnings Preview
The stock rose about 15% during the fourth quarter, taking gains for the year to more than 40%. Shares in DBS are trading near record levels, thanks to the lender's strong performance in recent ...
DBS Fourth Quarter Net Rose 10%; Plans Increase in Capital Distribution
DBS Group's fourth-quarter net profit rose mainly due to higher net interest income and fees from its wealth management business. Net profit during the quarter rose 10% to 2.62 billion Singapore ...