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DBS's results followed that of smaller peer United Overseas Bank, which on Wednesday posted a stable yet weaker-than-expected first-quarter net profit and paused giving 2025 guidance due to ...
Singapore’s largest bank, DBS, is financially exposed to the tune of around S$100 million (US$73.8 million) to a recent money-laundering scandal in the city-state, its chief executive said Monday.
DBS Group Holdings Ltd.’s exposure to a money laundering scandal in Singapore is about S$100 million ($74 million), mainly from financing properties of those arrested in one of the biggest such ...
SINGAPORE, March 24 (Reuters) - DBS Group's (DBSM.SI), opens new tab incoming CEO Tan Su Shan is open to "bolt-on" acquisitions, and will focus on boosting the Singaporean lender's high-return ...
DBS, the first Singapore lender to report earnings season, said October-December net profit climbed to S$2.62 billion (US$1.9 billion) from S$2.39 billion a year earlier, on the back of growth in ...
Lionel Lim is a Singapore-based reporter covering the Asia-Pacific region. Tan Su Shan (left), deputy CEO of DBS, and Piyush Gupta, CEO, during a news conference in Singapore on Feb. 10 ...
MUMBAI, Feb 24 (Reuters) - DBS Group (DBSM.SI), opens new tab plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to increasingly take on roles ...