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DBS GROUP EARNINGS
DBS Group Q3 net profit falls 5% to S$2.81 billion, misses estimatesDBS Group reported a 5% year-on-year decline in third-quarter net profit to S$2.81 billion, missing analyst estimates due to weaker market ...- Asia-focused banks face bond market risks ahead of Q3 earningsAsia-focused banks face mounting pressure from rising bond yields, inflation and currency volatility ahead of third-quarter earnings. HSBC,...
- Global Market Today: Asian stocks slide after US tech routMSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in Jul...
- Global Market: Asian currencies slide as hot US inflation fuels Fed rate hike bets; won hits two-week lowEmerging Asian currencies weakened as hotter-than-expected US inflation revived Federal Reserve rate hike concerns, boosting the dollar and...
- Barclays plans India equity advisory return after a decadeBarclays plans to restart its equity capital markets business in India after nearly a decade, targeting the country’s booming IPO market. S...
- Air India’s $1.5 billion funding ask sparks backlash in Singapore parliamentA Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turna...
- Global Market: DBS raises full-year outlook as record Q2 profit beats estimatesDBS Group announced a robust nine percent increase in net profit for the second quarter, bolstered by a remarkable forty-two percent rise i...
- DBS joins buzzing India ECM space with mandate in $1 billion IPODBS Group Holdings Ltd. has launched its equity capital market operations in India. The Singaporean lender secured its first deal with Mani...
- DBS Bank India to appoint Rajat Verma as CEORajat Verma will become CEO of DBS Bank India on March 1, 2025, succeeding Surojit Shome. Verma, currently Head of IBG at DBS India, brings...
- DBS Bank India launches exclusive banking program for senior citizensDBS Bank India introduced ‘DBS Golden Circle’, a priority banking initiative for senior citizens, providing attractive interest rates on sa...
- DBS sees net profit rising this year after Q1 beats forecasts"While geopolitical tensions persist, macroeconomic conditions remain resilient and our franchise is well positioned to capture business op...
- DBS cuts CEO Gupta's pay by 30 per cent due to digital disruptions suffered by customers in 2023DBS, Singapore's leading corporate group, has reduced CEO Piyush Gupta's variable pay by 30% due to digital disruptions experienced by the ...
- Singapore's DBS maintains 2024 guidance, Q4 profit beats forecastsDBS Group, Singapore's biggest bank, maintained guidance for net interest income for 2024 at around last year's levels after posting a 2% r...
- DBS chief says China pessimism not 'overdone' but upbeat about India prospectsDBS Group CEO Piyush Gupta is optimistic about India's economy and plans to triple the bank's business in the country over the next five ye...
- DBS can fund $2 billion bid for Citi India unit, Bernstein saysIt’s a case of “either go big or go home” for DBS to further expand in India where the Singapore-based bank also acquired Lakshmi Vilas Ban...
- DBS faces lawsuits in India post-takeover of Lakshmi Vilas BankHolders of Lakshmi Vilas Bank Ltd.’s equity shares and Tier-II bonds that were written off before the effective date of amalgamation took l...
- How DBS Bank forays into IndiaIn the past year, the bank has arranged a large number of bond deals worth about $ 3-4 billion, raised by domestic companies in the offshor...
- DBS India reports Rs 275 crore loss in FY15 on write-offs, provisioning"Losses have happened due to accelerated provisions and write-offs in the construction and infrastructure space," said Surojit Shome, CEO.
- DBS to get into project financing in IndiaMr Gupta's visit to Kolkata was his first as the DBS chief. The 51-year old banker incidentally started his career in Kolkata with Citibank.
- DBS Group Q3 profit dips 6% at $269 mnDBS Group Holdings said its net earnings dipped 6.12 per cent to SGD 402 million for the third quarter ended September 30, due to lower fee...
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