The Straits Times1mon
DBS to reward staff with $1,000 special bonus, plans new quarterly capital return dividend in 2025
DBS shares jumped $1.70, or 3.8 per cent, crossing $46 for the first time to hit $46.38 shortly after trading opened on Feb 10. At the close, DBS was up 70 cents or 1.6 per cent at $45.38 ...
Channel NewsAsia Singapore5d
DBS investigating cause of overnight disruption to digital banking, ATM services
DBS, Singapore’s largest lender, was hit by a string of disruptions to its digital banking services in 2023, prompting the Monetary Authority of Singapore (MAS) to bar the bank from any ...
Business Times1mon
Singapore’s STI breaks through to a new record as banks hit fresh highs
The index traded as high as 3,912.38 just after the open. Its last record was 3,906.16 on Oct 10, 2007. DBS hit a fresh record, crossing S$46 for the first time. UOB traded as high as S$38 – it last ...
The Financial Times1mon
Singapore’s DBS reports record profits as long-serving chief bows out
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Piyush Gupta, DBS's long-serving chief executive, signed off his 16-year tenure at south-east Asia’s ...
BBC17d
Major Asia bank to cut 4,000 roles as AI replaces humans
Singapore's biggest bank, DBS, says it expects to cut about 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. The move will affect ...