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Singapore banks Q3 profit beat expectations, cautiously optimistic on outlook
Singapore banks Q3 profit beat expectations, cautiously optimistic on outlook
THURSDAY, NOVEMBER 05, 2020
SINGAPORE - DBS and OCBC saw a fall in third-quarter net profit as they set aside more allowances against potential bad loans amid the coronavirus pandemic, joining United Overseas Bank which reported a day earlier. FinCEN leaks: DBS, CIMB and Deutsche among banks in S'pore that handled about $6 billion in suspicious transactions
FinCEN leaks: DBS, CIMB and Deutsche among banks in S'pore that handled about $6 billion in suspicious transactions
TUESDAY, SEPTEMBER 22, 2020
SINGAPORE - A number of banks in Singapore handled about US$4.5 billion (S$6.13 billion) in suspicious transactions between 2000 and 2017, with DBS Bank, CIMB Bank and Deutsche Bank among those that processed the largest sums of such funds here.DBS to double wealth business in Thailand by 2023
DBS to double wealth business in Thailand by 2023
WEDNESDAY, SEPTEMBER 18, 2019
DBS Bank on Wednesday (September 18) announced a partnership between DBS Private Bank and DBS Vickers Securities (Thailand) aimed at doubling its wealth assets under management in Thailand from S$4 billion to $8 billion by 2023.Thailand ‘a rising star in the international school market’
Thailand ‘a rising star in the international school market’
WEDNESDAY, AUGUST 14, 2019
International schools in Thailand are in high demand as foreign students, including an increasing number from China and Hong Kong, flock to the kingdom to study.Inverted yield curve stokes recession fears
Inverted yield curve stokes recession fears
SUNDAY, MARCH 31, 2019
In our Economic & Strategy note this month, we had said that the probability of a recession/slowdown in the next few months as indicated by inverted yield curve in the US was elevated but probably overstated. DBS, IMDA to create first fintech programme under TechSkills Accelerator
DBS, IMDA to create first fintech programme under TechSkills Accelerator
FRIDAY, SEPTEMBER 15, 2017
DBS Bank has partnered with the Infocomm Media Development Authority (IMDA) to create the first fintech training programme under the TechSkills Accelerator initiative.DBS Q1 net profit up 1% to record $1.21b
DBS Q1 net profit up 1% to record $1.21b
TUESDAY, MAY 02, 2017
SINGAPORE - Singapore's top lender DBS Group announced on Tuesday (May 2) that net profit for first-quarter 2017 rose to a record S$1.21 billion, up 1 per cent from a year ago as fee income climbed to a record.
