DBS
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices
[SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US...
DBS’ printing vendor hit by ransomware attack; bank says about 8,200 customers potentially affected
[SINGAPORE] About 8,200 customers of DBS Bank – as well as those of the Bank of China’s Singapore branch – may have had their customer information compromised after one...
DBS’, Bank of China’s printing vendor hit by ransomware attack; more than 11,000 customers affected
[SINGAPORE] About 8,200 customers of DBS Bank – as well as 3,000 from the Bank of China’s Singapore branch – have had their customer information compromised after a printing...
DBS, OCBC, UOB tumble on potential Fed rate cuts if economies slow
[SINGAPORE] Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), leading a broader market sell-off triggered by concerns over US tariffs.As at 12.50 pm, DBS...
One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks
The office complex will work towards meeting targets such as reducing energy and water usage by 20-29%[SINGAPORE] Office complex One Raffles Quay has obtained a five-year, S$1.13 billion sustainability-linked...
Here’re the top 5 performing Singapore stocks in Q1 – DBS, UOB and OCBC are not in it
[SINGAPORE] The Straits Times Index (STI) achieved multiple highs in the first quarter of 2025, driven by factors such as investors flocking to safe havens and fresh records hit...
DBS, UOB, OCBC chiefs’ salary packages still lag global peers
The trio of local banks on the STI are smaller in terms of revenue, but appear to be making their money work harder[SINGAPORE] Piyush Gupta, who on Mar 28...
New DBS CEO Tan Su Shan aims for 15% to 17% return on equity
[SINGAPORE] DBS should be able to hit its return on equity (ROE) target of 15 to 17 per cent through its growth strategy in the years ahead, said the...