Business
DBS shares crosses S$45 for the first time
Shares of Singapore’s biggest bank DBS reached S$45 for the first time on Wednesday (Jan 8). The stock crossed that milestone to trade at…
Tag
DBS
Business
DBS upgrades PropNex to ‘buy’, lifts target price by 21% on positive earnings outlook
DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter…
Business
DBS upgrades PropNex to a buy rating, lifts target price on expected ‘rebound’ in property market
DBS on Monday (Jan 6) upgraded its rating for real estate agency PropNex to “buy” and raised its target price for the stock on a positive…
Business
DBS forecasts strong growth for suburban retail Reits in 2025, names its top picks
SINGAPORE’S suburban real estate investment trusts (Reits) are poised for growth next year, although there is a temporary risk in the form…
Business
Panin Bank acquisition could add 2-3% to DBS’ or OCBC’s profit: RHB
Broker notes that a sale is attractive, given the scarcity of such deals and Jakarta-listed bank’s status as a mid-sized lender with total…
Business
Panin Bank acquisition could add 2-3% to DBS or OCBC profit: RHB
Broker notes that a sale is attractive, given the scarcity of such deals and Jakarta-listed bank’s status as a mid-sized lender with total…
Business
DBS, Japan’s top lenders said to be among bidders for Panin Bank
ASIAN banks including DBS Group Holdings, Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group are among potential…
Business
Stocks to watch: Sembcorp Industries, Hai Leck, DBS
THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 10): Sembcorp Industries: The…
Business
Han Kwee Juan to replace Tan Su Shan as DBS’ head of institutional banking
DBS announced on Monday (Dec 9) that it has appointed Han Kwee Juan as head of institutional banking with effect from Jan 1, 2025. He will…
Business
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating…
Business
Brokers’ take: CGS International downgrades IHH to ‘hold’, DBS maintains ‘buy’ call
ANALYSTS are split on IHH Healthcare following relatively flat third quarter earnings and the company’s forecast for its Mount Elizabeth…
News
DBS hires private bankers for rich Russians as rivals baulk
DBS has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the…
Business
DBS buys back nearly S$15m of its shares; AGT Partners becomes Oiltek’s substantial shareholder
OVER the five trading sessions from Nov 22 to 28, institutions were net buyers of Singapore stocks, resulting in a net institutional…
Business
Stocks to watch: Mapletree Logistics Trust, DBS, First Sponsor, IReit Global
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 28): Mapletree Logistics Trust…
Business
Bankers need to be curious to navigate the shifting energy landscape: DBS’ Kelvin Wong
Industry players are increasingly concerned about storage and grid capacities, says the lender’s head of energy, renewables and…
Business
Shareholders can gain from DBS buying back shares, even at record prices
Shareholders benefit when companies actively manage capital, whether through dividends or share buybacks CALL me agnostic. I am happy to…
Business
Bankers need grit to navigate the shifting energy landscape: DBS’ Kelvin Wong
Industry players are increasingly concerned about storage and grid capacities, says the lender’s head of energy, renewables and…
Business
DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a…
Business
Timing of DBS share buyback announcement and its CEO’s share sales was not a good look
One solution is to prohibit share sales by top executives during share buybacks; another is to disclose valuations at which buybacks would…
Business
Companies like DBS, ST Engineering are buying back their shares. Are there downsides?
THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market.…
Business
DBS share buyback raises questions on capital management as counter hits all-time high
The buyback follows the move by Singapore’s largest lender to issue bonus shares in February to return capital to shareholders DBS has…
Business
DBS nominates Rajat Verma to be next India CEO: sources
DBS’ India unit has nominated its head of institutional banking, Rajat Verma, to be its new CEO, two people familiar with the matter said.…
Business
DBS CEO Piyush Gupta sells S$12.6 million worth of shares as DBS hits all-time high
DBS’ shares have shot past the S$40 mark in a rally; other major banks’ shares have also rallied amid bright Q3 earnings results OUTGOING…
Business
DBS, OCBC, UOB aim to stay competitive as foreign players slash mortgage rates
Foreign banks in Singapore have slashed their home loan rates to as low as 2.45%, lower than that offered by the local banks SINGAPORE’S…