Posts Tagged ‘DBS’
DBS is Singapore’s top bank brand: Survey
DBS GROUP Holdings is Singapore’s top bank brand, according to a survey of the world’s 500 leading banking names.
The Brand Finance Banking 500 report, which measures strength, risk profile and growth potential to calculate brand value, claimed DBS eclipses rivals United Overseas Bank (UOB) and OCBC Bank.
It put DBS’ brand value at US$1.52 billion (S$2.1 billion) last year – a 12 per cent hike fro… more
Brokers’ Take
ST Engineering
Nov 5 close: S$2.97
DBS GROUP RESEARCH, Nov 4
THIRD quarter 2009 revenue of S$1.35 billion (down 2 per cent year-on-year, 4 per cent quarter-on-quarter) and net profit of S$120 million (down 7 per cent y-o-y, up 11 per cent q-o-q) were in line, and nine-months 2009 net profit of S$314 million equates to 74 per cent of our full year projections.
Q3 2009 pre-tax profit of S$149 … more
Stocks gain from global crisis
THE equities industry has gained tremendously because of the global financial crisis, said the head of a key stockbroking company in Singapore.
Investors – faced with near-zero bank deposit interest rates and fewer alternative options for their funds – have turned to stocks in a big way.
This trend is set to continue, even as Western funds are expressing more interest in Asian stocks.
DBS Vickers … more
DBS not pursuing INGs Asian unit
DBS GROUP Holdings has pulled out of the race to buy ING’s private banking unit in Asia because it does not want to pay a premium for the business, sources say, while OCBC Bank has confirmed that it is still in the running.
DBS let its bid lapse and pulled out of the deal a few weeks ago, the sources add.
When contacted, a DBS spokesman said: ‘As a policy, we do not comment on market rumours and s… more
DBS: Bringing the Reit to life in S’pore
THE emergence of real estate investment trusts (Reits) as a highly popular instrument here, and applying for initial public offerings (IPOs) via the ATM, are all part and parcel of the financial landscape now.
However, they required much burning of the midnight oil to ensure they came to fruition, and DBS Bank was in the thick of these developments. By launching financial instruments that were new… more
How much more upside is possible?
HERE’S an interesting question that punters must surely be asking: how much more upside can there be in stocks, either for the rest of the year or the next 12 months?
Several brokers have, over the past few weeks, issued their Straits Times Index targets for the next 12 months (among them UBS Investment Research, DBS, Credit Suisse and Citi Investment Research) and there seems to be a loose consen… more



