DBS

DBS is a Singaporean multinational banking and financial services corporation offering services in consumer, SME and corporate banking activities across Asia and the Middle East.
See below for the Latest DBS News, Analysis, Profit Results, Share Price Information, and Commentary.

DBS sells 77.8% stake in AXS to Tower Capital Asia

AXS became a subsidiary of the bank in 2006.

DBS sells 77.8% stake in AXS to Tower Capital Asia

AXS became a subsidiary of the bank in 2006.

DBS upskills sustainable financing knowledge of 1,600 relationship managers

The bank will incorporate the workshops as part of its training curriculum for incoming RMs.

‘Human error’ reason for DBS digital banking glitch in May

The incident caused disturbances in mobile, electronic and ATM transactions.

MAS unveils open-source toolkit for responsible AI-use in finance

It was supported by the collaborative effort of the association of 31 industry players.

MAS forms Project Guardian Industry Group with 11 FIs

The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks. 

Clifford Capital Holdings names J.P. Morgan banker as new CEO

P. Murlidhar Maiya was CEO of the bank’s South and Southeast Asia businesses.

MAS fines 4 entities S$3.8m for failures in anti-money laundering controls

DBS and OCBC are fined S$2.6m and S$600,000, respectively.

DBS launches multi family office platform

The bank is already in talks with over 20 clients and prospects across Asia.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

DBS imposed with $1.6b additional capital requirements for service disruptions

Total additional regulatory capital has now reached about S$1.6b (US$1.2b).

David Ho joins DBS board

Effectivity of his appointment begins on 26 April.

Disruption of DBS’ digital services is unacceptable – MAS

The last digital disruption happened 16 months ago or November 2021.

DBS CEO Piyush Gupta earned 13.3% more in 2022

Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.

DBS’ Lareina Wang on why role models matter to women in banking

Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.

Banks offer flexiwork, mentor programmes to uplift women’s careers

This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.