DBS
Brokers’ take: DBS upgrades GoTo to ‘buy’ on ‘undemanding’ valuation; expects fintech breakeven in FY2025
DBS Group Research has upgraded GoTo to “buy” from “hold”, as it believes the Indonesian tech company’s valuation is now “undemanding”.Concerns over cash burn have been resolved, and the...
UOB cutting One savings account rates; DBS, OCBC staying put for now on similar products
UOB : U11 0% is introducing lower interest rates for its One savings account members ahead of anticipated rate cuts by the US Federal Reserve.In a Monday (Apr 1)...
Money laundering accused, Su Haijin, slapped with 12 new charges for cheating IRAS, MOM, banks
MONEY laundering accused Su Haijin was on Monday (Apr 1) handed 12 new charges for allegedly conspiring to cheat the Inland Revenue Authority of Singapore (Iras) and Manpower Ministry...
DBS bank confident of 15%-17% ROE in next 3 to 5 years, CEO says
SINGAPORE’S biggest bank DBS Group is confident of achieving a return on equity (ROE) of 15 per cent to 17 per cent in the medium term or over the...
Brokers’ take: DBS cuts target for Parkway Life Reit after factoring in higher capex
DBS Group Research cut its target price on Parkway Life Real Estate Investment Trust (Reit) after taking into account higher capital expenditures (capex) for asset enhancement initiatives. In a...
DBS adjusts coal financing policy to include early retirement of coal plants
SOUTH-EAST Asia’s largest lender DBS has adjusted its policy to accommodate the financing of the early shutdown of coal-fired power plants, and is already working on a deal, said...
DBS adjusts sustainable-financing policy to include early retirement of coal plants
SOUTH-EAST Asia’s largest lender DBS has adjusted its policy to accommodate the financing of the early shutdown of coal-fired power plants, and is already working on a deal, said...
DBS chief Piyush Gupta’s 2023 salary down 27% at S$11.2 million after pay cut
DBS chief executive Piyush Gupta received a total remuneration of S$11.2 million for the financial year ended Dec 31, 2023, representing a 27 per cent year-on-year decline from S$15.4...
