Rather than the fervour over AI, DBS analysts believe investments with short-term trading purposes are key drivers for both ...

The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, ...

Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net ...

Singapore's largest bank DBS announced another spate of leadership changes in senior-level appointments on Wednesday (Feb 12) ...

DBS also announced on Wednesday that group head of operations Jimmy Ng will retire from executive duties on Jul 1. “A strong ...

Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income ...

Derrick Goh will assume the newly created role of Group Chief Operating Officer; and Koh Kar Siong will take over as Group ...

Net interest margin (NIM): 2.13% (down from 2.15% in FY 2023). Cost-to-income ratio: 39.9% (no change from 39.9% in FY 2023). Non-performing loans: 1.09% (down from 1.11% in FY 2023). Revenue was in ...

SINGAPORE: DBS Group will reward all employees, excluding senior managers, with a special one-time bonus of S$1,000 each, and ...

Wealth management saw net new money of $21B for the year, with $6B added in Q4, driven by disciplined client onboarding and product offerings. Gupta noted that the team has budgeted mid-teens growth ...