In the company's third quarter, DBS reported net income of SGD 3.027 billion (~$2.26 billion), up around 15% year-on-year.

DBS has managed its assets and liabilities over the years such that its sensitivity to interest rates is lower and less ...

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“The Dollar Index (DXY) appreciated from 103.4 to 105.5 since the November 5 US election, nearing a full retracement of its 3Q decline from 106.1. EUR/USD dropped below 1.07, closing 0.6% lower at ...

Morningstar analyst Michael Makdad notes that UOB’s CET-1 ratio rose to 15.6% on a transitional basis. While not quite as ...

UOB's return on equity has been only slightly above the 9% level we assume as its cost of equity, but we forecast that its ROE will remain above 12% across our forecast horizon as its revenue benefits ...

DBS Group has launched a fresh share buyback programme worth SGD3bn ($2.2bn). Shares will be cancelled and bought on the open ...

DBS has strong capital buffers that allow it to weather economic downturns. As of September 2024 its common equity Tier 1 ratio was 17.2% on a transitional basis and still 15.2% even assuming final ...

Listed fintech startup Veefin Solutions has picked up a 50% stake in Singapore-based GenAI startup Walnut in an all-cash ...

Most Asian central banks will cut interest rates slower than the U.S. Federal Reserve over the coming year, Reuters polls showed, as solid growth has eased pressure to maintain currency stability ...

Most Asian central banks will cut interest rates slower than the U.S. Federal Reserve over the coming year, Reuters polls showed, as solid growth has eased pressure to maintain currency stability ...