Bank reported Q4 profit rose 10 per cent to $2.62 billion, with full-year earnings up 11 per cent to record $11.4 billion.
DBS’ earnings reflect how its robust wealth-management business is helping drive profitability amid tepid lending.
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends, alongside yet another record full-year net profit. Sustainability ...
Piyush Gupta, DBS's long-serving chief executive, signed off his 16-year tenure at south-east Asia’s biggest bank with record ...
DBS's net interest margin, a key profitability gauge, rose to 2.15 per cent during the quarter from 2.13 per cent a year ...
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 ...
DBS analyst Paul Yong maintained a Buy rating on Hutchison Port Holdings (HCTPF – Research Report) today and set a price target of $0.20. The ...
DBS has set aside S$32 million to be issued as special one-time bonus of S$1,000 to all staff except senior managers, it said ...
DBS plans to increase its final dividend to 60 cents per share - up from 54 cents paid in the preceding three quarters ...
The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, ...
Tan Su Shan now steps into the leadership role with the foundation of Piyush Gupta’s transformative legacy, inheriting a bank that has not only doubled its return on equity but also cemented itself as ...
Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making ...
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