HSBC has appointed Gilbert Ng as its Singapore head of global banking. Ng joins the bank on May 2. Ng succeeds Priya Kini, who took on a new role early this year as head of commercial banking, ...
OCBC ‘not in the business of providing liquidity’ for Great Eastern
OCBC is “not hoarders of capital”, said Lee, despite the bank’s common equity tier-1 (CET-1) ratio standing at 15.9% for FY2023, above DBS’s 14.6% and UOB’s 13.4%. As of 1QFY2024, DBS’s CET-1 has ...
DBS, POSB internet banking services down for some users
SINGAPORE: DBS and POSB internet banking and payment services were down for some users on Thursday (May 2). In a notice to users on its mobile app, DBS said: "Access to digital services is currently ...
DBS Quarterly Results Beat Forecasts, Anticipates Another Record Year
DBS Group, Singapore’s premier banking institution, recently unveiled its first-quarter financial results, exceeding market ...
DBS/POSB digital banking services down for some customers
This includes logging into their bank accounts on their apps and using PayLah!. Read more at straitstimes.com.
DBS quarterly results trounce forecasts, another record year expected
Singapore's biggest bank DBS Group expects its net profit to grow this year, it said on Thursday, after posting a 15% rise in first quarter net profit that beat expectations, driven by strong total ...
The Peter-Piyush show at DBS hits $100 billion, and Singapore should cheer
The Peter Seah and Piyush Gupta combination has overcome disruptions and worked well for DBS. Read more at straitstimes.com.
DBS Wealthy Clients’ Return to Trading Seen Fueling 2024 Profit
DBS Group Holdings Ltd.’s chief executive said its rich clients are becoming more active in trading, which will drive profits at Singapore’s largest lender this year.
DBS Reports Record Profit of S$2.96 Billion and Ups Interim Dividend by 42%: 5 Highlights from the Bank’s 1Q 2024 Earnings
Singapore’s largest bank continues its momentum by reporting an impressive set of results for the quarter. The post DBS Reports Record Profit of S$2.96 Billion and Ups Interim Dividend by 42%: 5 ...
Net profit of Singapore’s DBS hits record in Q1
Singapore's major banking group DBS saw its net profit for the first quarter rise 15 percent year on year to a record 2.96 Kenya breaking news | Kenya news today | ...
S-chip IPOs may be coming again, but don’t count on investors getting too excited
SINGAPORE may soon see an increase in initial public offerings (IPOs) and secondary listings from Chinese companies. But retail investors – many of whom still bear the scars of the S-chip debacle over ...
Understanding Condo Financing Options in Singapore
Investing in a condominium in Singapore is a significant financial decision that requires careful consideration and planning. One of the key aspects to understand when purchasing a condo is the ...
Singapore’s DBS fights for trust after regulatory sanctions
SINGAPORE -- Southeast Asia's largest lender by assets, DBS Group Holdings, is fighting to demonstrate the results of its digital banking reform after last year's severe disruptions, which drew ...
Singapore Central Bank Names Transport Minister Chee to Board
The Monetary Authority of Singapore has appointed Transport Minister Chee Hong Tat as a board member from June 1, broadening his experience in the finance industry. The central bank also reappointed ...
Singapore Stock Market May Open In The Red
Ahead of Wednesday's Labor Day holiday, the Singapore stock market had moved higher in back-to-back sessions, collecting more than a ...
OCBC completes acquisition of PT Bank Commonwealth
Oversea-Chinese Banking Corporation’s (OCBC) Indonesian subsidiary, PT Bank OCBC NISP Tbk (OCBC Indonesia), has completed the acquisition of PT Bank Commonwealth Indonesia on May 1.