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Tag: banking

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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.

Posted on 02/05/2024

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.

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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 | ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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.

Posted on 02/05/2024

5 Singapore Stocks Paying Out Dividends in May

Here are five stocks that will be dishing out dividends in May. The post 5 Singapore Stocks Paying Out Dividends in May appeared first on The Smart Investor.

Posted on 02/05/2024

DBS sees net profit rising this year after Q1 beats forecasts

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 ...

Posted on 02/05/2024

DBS Q1 profit up 15% to $2.95 billion on higher fee income, dividend of 54 cents declared

Its quarterly fee income crossed $1 billion for the first time, rising 23 per cent from a year ago Read more at straitstimes.com.

Posted on 02/05/2024

HSBC SVNS League winners to be decided in Singapore

The Singapore National Stadium will play host to the much-anticipated seventh and final regular season round of the HSBC SVNS 2024 from 3-5 May, ...

Posted on 02/05/2024

Singapore bank DBS’ first-quarter net profit rises 15% on year to record high

DBS Group , Singapore's biggest bank, posted on Thursday a 15% rise in net profit in the first quarter to a record high of S$2.96 billion ($2.18 billion) from a year earlier, driven by strong total ...

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