Tag
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the…
One solution is to prohibit share sales by top executives during share buybacks; another is to disclose valuations at which buybacks would make sense SOME investors may have had mixed…
THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market. When these shares are cancelled, the bank’s equity…
The buyback follows the move by Singapore’s largest lender to issue bonus shares in February to return capital to shareholders DBS has been active on the capital-management front in recent…
DBS’ India unit has nominated its head of institutional banking, Rajat Verma, to be its new CEO, two people familiar with the matter said. Verma is slated to replace Surojit Shome, who has…
DBS’ shares have shot past the S$40 mark in a rally; other major banks’ shares have also rallied amid bright Q3 earnings results OUTGOING DBS chief executive officer Piyush Gupta sold lots…
Foreign banks in Singapore have slashed their home loan rates to as low as 2.45%, lower than that offered by the local banks SINGAPORE’S local banking trio will continue to watch interest…
SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including in one of Malaysia’s smallest…
OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s technology capabilities. Gupta’s 15-year tenure as head…
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 7): DBS: Singapore’s largest lender beat estimates with record net profit crossing…
THE head of Singapore’s biggest lender said only about half of the banking industry has made sufficient progress in transforming their businesses to embrace digitalisation and artificial…
DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender, according to a spokesperson. Boris Chan, currently head of…
Several economists expect at least one dissenter, among India's newly-appointed monetary policy committee members, to call for a rate cut (Photo: Reuters) 2 min read Last Updated : Oct 07…
