DBS

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.
17 hours ago

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.
17 hours ago

DBS acquires Citi’s Taiwan consumer banking business

DBS will pay Citi in cash for the net assets plus a premium of S$956m.
17 hours ago

DBS named APAC’s top green, sustainability-linked mandated lead arranger 2021

The bank extended $4.86b in green syndicated and club loans across 40 deals.

DBS’ suffers digital bank service glitch; MAS mulls taking supervisory action

DBS Country Head Shee Tse Koon has apologised for the disruptions.

Singapore banks, SGTraDex to develop standards for green trade finance digitalisation

UOB, DBS, OCBC, and Standard Chartered are participating in the initiative.

Regulation, late digitisation challenge Web 3.0 adoption in wholesale banking

Web 3.0 is taking over, but many businesses have yet to move past Web 1.5.

DBS’ net profits jump 31% to $1.7b in Q3

The non-performing loans rate remained unchanged at 1.5% during the quarter.

DBS rolls out one-stop sustainability-focused platform

The bank will also launch an autonomous carbon calculator service under LiveBetter.

DBS names Soh Kian Tiong as chief risk officer

He has over 25 years of experience in business and risk roles.

MAS, Singapore banks build digital platform against money laundering

This will allow sharing of customer and transaction data on money laundering cases.

MAS grants DBS brokerage arm crypto licence 

The monetary authority also granted one to an Australian firm.

DBS rolls out self-managed card payment control features

Users will be able to set spending limits and block cards, amongst other features.

Singapore banks push ahead to post-pandemic era

Significant loan book exposure in China is helping them recover faster than their regional peers.

DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced

Fee income rose to a record as wealth fees hit new heights.

Singapore lifts dividend cap on local banks, financial companies

Local financial firms are expected to remain resilient even should the economy slip into a recession again.