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The Latest Breaking News from DBS

DBS is setting aside $23.6 million to reward staff for bank’s “record performance”

The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, up 11% from the year before.

Fortune

Trump is set to hike tariffs. Should Southeast Asia be worried?

Countries like Vietnam benefited from Trump’s trade war. That could put them at risk in the second round.

Fortune

Singapore’s Straits Times Index is Southeast Asia’s best performing index for 2024—and it's all due to its Big Three banks

A share rally in Singapore's biggest banks—DBS, UOB and OCBC—lifted the Straits Times Index to end the year above Malayis'a Kuala Lumpur Composite Index.

Fortune

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read the most diverse news in one place.

Inside the secret history of Design for Good, an alliance between companies with $4 trillion in market cap to devise solutions to the world’s biggest problems

Design for Good co-founder Ben Sheppard explains why big names like Microsoft, Nestle and DBS got involved.

Fortune

How Second Hand Rose is now on song

When he’s not at the helm of his Aston Martin specialist garage in Essex, Rikki Cann is tearing up the tracks in one of Newport Pagnell’s finest. Cann’s heavily modified Series 2 V8 Vantage has become a regular sight on circuits over its 15-year racing life and currently competes in…

Autosport

Trump's victory could make life harder for Hong Kong—and that may be good news for Singapore's banks

Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.

Fortune

DBS's next CEO will be Tan Su Shan, the first woman to lead Southeast Asia’s largest bank

Tan Su Shan will become the first woman CEO in DBS' history when she assumes the top job come March 2025.

Fortune

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Singapore's AI ambitions: How the city-state is keeping up in an arms race dominated by the U.S. and China

Collaboration between government and industry has made Singapore a competitive player in AI—and a "digital Switzerland" in the superpower rivalry.

Fortune

Trump's policies paint a 'negative picture,' yet his willingness to 'cut deals' may help with China, says the CEO of Southeast Asia's largest bank

DBS CEO Piyush Gupta called the former president a "dealmaker" that's "not ideologically driven to anything."

Fortune

DirecTV Turns 30: Colorful History, Questions About the Future

‘It’s obvious that a pure broadcast platform isn’t long for this world,’ analyst says

Multichannel News

Taylor Swift and Coldplay concerts may have saved Singapore’s economy from shrinking last quarter

Strong services spending, spurred from superstar concerts, offset a decline in manufacturing in the first quarter of 2024.

Fortune

DBS Bank Increases Sustainable Financing By 37% In 2023

DBS reports a 37% increase in sustainable financing to .1 billion in 2023, reflecting its commitment to environmental and social initiatives.

Top News

Singapore's biggest bank cuts CEO's pay by millions on digital banking outage

DBS Group Holdings Ltd slashed Chief Executive Officer Piyush Gupta’s compensation by S$4.1 million ($3 million) after the lender suffered a series of digital banking outages last year and was reprimanded by the central bank.

The Times of India

Hearing of cases filed against LVB-DBS Bank merger near completion before Madras High Court

The marathon final hearing on the merger of Lakshmi Vilas Bank with DBS Bank India is nearing completion before the Madras High Court.

The Hindu

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TV Tech

FCC Proposes Ban on Some Cable, Satellite Pay TV Fees

Chairwoman Rosenworcel wants the FCC to vote on Dec. 13 on a proposal to prohibit early termination fees and to require credits and rebates after cancellation of service

MusicRadar

Paper Dragon: "It's all about making instruments exist in a real space - putting them through distortion channels, reamping and incorporating ‘air’ into the sound"

We visit the Bristol trio combining their varied industry experience to create raw, nostalgic club music in the studio

The Hindu

Homemakers showcase culinary skills at The Hindu ‘Our State Our Taste’ contest in Chidambaram

106 participants showcased culinary skills at 4th edition of 'Our State Our Taste' preliminary round in Chidambaram. Homemakers & youngsters presented dishes prepared at home, incl. one with Gold Winner cooking oil. Judges judged based on taste, texture, flavour & presentation. S. Raji, K. Usha & M. Selvi won &…

The Hindu

Homemakers showcase skills at The Hindu ‘Our State Our Taste’ contest in Villupuram

174 participants showcased culinary skills at 4th edition of 'Our State Our Taste' in Villupuram. Homemakers & youngsters presented dishes made with Gold Winner cooking oil & millets. Judges headed by chef Dhamu judged dishes on taste, texture, flavour & presentation. R. Jayasudha won w/Adhirasam & 3 other dishes. Meera…

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Louder

30 musicians on the album that changed their life as a kid

Members of Kiss, Black Sabbath, Guns N’ Roses, Def Leppard, Rage Against The Machine and more reveal the albums that set them on the path to rock stardom

Fortune

Use A.I. to redefine your company's performance—and measure it better

Companies that use A.I. for performance management will be able to build better KPIs—and stop managing by looking back in the rearview mirror.

Wallpaper

Aston Martin waves goodbye to its grandest of tourers with the DBS 770 Ultimate Edition

Power, beauty and control: we drive the Aston Martin DBS 770 Ultimate Edition, a final slice of V12-powered automotive muscularity

ABC News

Australians lose record $3.1 billion to scams in 2022, as ACCC calls for tougher measures

Australians lost more than $3.1 billion to scams in 2022, a new record and an 80 per cent increase from 2021, according to a new report that has prompted fresh calls for banks to do more to protect consumers.

Motor1

Aston Martin DBS 770 Ultimate Volante Is Stunning In First Official images

All 199 cars planned for production have already been sold.

Evening Standard

Former Met Police officer shoots himself with gun taken from new job after inaccurate DBS check

A former Metropolitan Police officer shot himself dead with a gun from his new job after a past conviction for a violent crime was left off his criminal record, an inquest has heard.

Liverpool Echo

Union to rally in bid to save hundreds of Liverpool MoD jobs

Hundreds of staff could be relocated to Blackpool

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