DBS Group Holdings

DBS CEO welcomes China’s fintech clampdown, says it will create fairer competition with banks - THE EDGE SINGAPORE

Banking & finance

DBS CEO welcomes China's fintech clampdown, says it will create fairer competition with banks

DBS Group Holdings Ltd.’s top executive welcomes the increased regulatory scrutiny of financial technology companies in China and elsewhere in Asia, saying it will create fairer competition with ba

Proposed merger between DBS unit and Indian bank a win-win situation: Jefferies - THE EDGE SINGAPORE

Broker's Calls

Proposed merger between DBS unit and Indian bank a win-win situation: Jefferies

Jefferies has deemed the proposed merger between DBS Bank India and Lakshmi Vilas Bank (LVB) as a win-win situation for both banks.

DBS 3Q20 net profit inches up 4% q-o-q to $1.30 bil, fee income rebounds - THE EDGE SINGAPORE

Results

DBS 3Q20 net profit inches up 4% q-o-q to $1.30 bil, fee income rebounds

DBS Group Holdings has reported net profit of $1.30 billion for 3QFY2020, up 4% q-o-q, as business momentum recovers.

Banks' 3Q20 results to be 'lukewarm', with slight recovery from 2Q20: PhillipCapital - THE EDGE SINGAPORE

Broker's Calls

Banks' 3Q20 results to be 'lukewarm', with slight recovery from 2Q20: PhillipCapital

A day ahead of the release of 3Q20 results by OCBC and DBS, PhillipCapital expects “lukewarm” results on Singapore’s three banks, citing a third consecutive month of shrinking loans and O

Funds

Former chairman of DBS Group and Singtel to raise funds for new venture firm

Koh Boon Hwee, one of Singapore’s most prominent executives, is teaming with four fellow investors to try and raise US$100 million (S$137 million) for a new venture firm targeting Southeast Asia.

Broker's Calls

'Not yet shipshape', Singapore banks to face NIM squeeze, credit costs to taper off in 2H20: analysts

Singapore banks can expect lower net interest margins (NIMs) ahead though credit costs could ease in 2H2020.

Broker's Calls

Expect bottoming net interest margins, rising non-performing loans as banks shore up provisions: analysts

Provisions will stay high across Singapore’s banks as they face net interest margin (NIM) compression and see non-performing loans rise amid low interest rates, say analysts.

Results

DBS posts 26% fall in 1H20 earnings to $2.41 bil; increases provisions, lowers dividend to 18 cents

DBS Group Holdings has reported earnings of $2.41 billion for 1H2020, falling 26% y-o-y with an increase in general allowance owing to risks from the Covid-19 pandemic, in results release

Investing ideas

DBS bullish on US tech stocks, favours S-REITs as yield remains attractive

SINGAPORE (July 9): Tech and healthcare stocks have outperformed the market in recent years but from the perspective of DBS Group Holdings, these are still the sectors to stay bull

Results

DBS increases provision but keeps 1Q dividend at 33 cents

SINGAPORE (Apr 30): DBS Group Holdings has reported earnings of $1.17 billion for 1Q2020, down 29% y-o-y, as it “pre-emptively” set aside $703 million in general reserves to buffer potential risks

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