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.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
DBS launches multi family office platform
The bank is already in talks with over 20 clients and prospects across Asia.
Singapore’s NETS boosts touchless payment options
Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.
DBS imposed with $1.6b additional capital requirements for service disruptions
Total additional regulatory capital has now reached about S$1.6b (US$1.2b).
David Ho joins DBS board
Effectivity of his appointment begins on 26 April.
DBS India launches investment solutions in online platform
The platform is powered by Morningstar.
Disruption of DBS’ digital services is unacceptable – MAS
The last digital disruption happened 16 months ago or November 2021.
DBS CEO Piyush Gupta earned 13.3% more in 2022
Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.
DBS officially launches Dhaka representative office
This is DBS’ 19th market globally.
DBS’ Lareina Wang on why role models matter to women in banking
Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.
Banks offer flexiwork, mentor programmes to uplift women’s careers
This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.
DBS Digital Exchange's Bitcoin trading up 80% in 2022
The members-only exchange also doubled its customers during the year.
DBS appoints Sebastian Paredes as head of North Asia
Paredes will continue in his role as CEO of DBS Bank (Hong Kong).
DBS names new group head of consumer banking, Singapore country head
She Tse Koon takes over from Sim S. Lim, who is retiring from executive duties.
High interest rates carry DBS to record net profit of $6.14b in 2022
Total income surpassed S$16b for the first time in the bank’s history.
DBS secures China central bank funding for lending to green projects
PBOC will provide financial institutions with funds equal to 60% of a loan's principal.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
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