DBS

COMMENTARY

What the furore over ‘lower-value human capital’ reveals about AI and the future of banking

Lenders are learning that the artificial intelligence transition requires more than charting productivity gains

Asean can think about developing AI systems jointly, said DPM Gan Kim Yong (left) at a dialogue session with DBS CEO Tan Su Shan.

Singapore welcomes competition for AI leadership; not a zero-sum game: Gan Kim Yong

Competition will further capability, create opportunities for cross-border partnerships

Always one to walk the talk, DBS CEO Tan Su Shan has her personal AI agent that checks and serves up to her the latest news on banking.

‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI

Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent

Targets include scaling urban farming initiatives, establishing and/or expanding microforests with predominantly native species

CDL, DBS launch S$300 million green loan to advance nature-based solutions in Singapore

It will be used for general corporate funding and working capital purposes, among others

AirTrunk’s loan pays an interest margin of 225 basis points above the Secured Overnight Financing Rate for offshore financing and 235 basis points for onshore.

DBS, UOB among lenders arranging Airtrunk’s US$2 billion loan for Malaysia growth

Proceeds will support the firm’s 200-megawatt JHB2 facility located in Johor

The trio reported combined net interest income of S$8.04 billion in Q1, breaching S$8 billion for the 14th straight quarter.

More upside ahead for DBS, OCBC, UOB as wealth fees power Q1 earnings

Their combined non-interest income rises to a record S$5.16 billion from S$4.78 billion the year before

The traditional "sell in May" narrative, which historically has only a 27% chance of yielding positive returns for the STI, is effectively a coin toss this year, says DBS.
BROKERS’ TAKE

DBS bets on AI, value stocks with STI set for choppy recovery

Forecast hinges on a base-case scenario where US-Iran talks yield a deal in Q2 and Strait of Hormuz opens by June

Fees from wealth management and other non-interest income were a key bright spot for the local banks.

Wealth ambitions, AI threats and war risks: 4 takeaways from Singapore banks’ Q1 results

The Big Three banks DBS, OCBC and UOB all post earnings that beat street expectations

Court documents showed the largest sum of money Benjamin Chung Hiang Wee took was from his uncle, an odd-job worker.

Former manager with DBS Bank admits cheating 7 victims, including his uncle, of over S$1 million

[SINGAPORE] A former manager with DBS Bank has admitted to cheating seven victims, including his own uncle, of nearly S$1.4 million in total.

Growth in DBS’ wealth business may support earnings, analysts say.
BROKERS’ TAKE

Analysts upgrade DBS, lift target price on improved forecasts, wealth franchise growth

Increased inflows into Singapore from a flight to safety and the strong Singapore dollar may benefit bank, says OCBC Group Research