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DBS becomes Singapore’s second crypto player to secure an in-principle approval from the Monetary Authority of Singapore to offer token services. DBS Vickers – the brokerage arm of DBS – has received in-principle approval from the MAS under the Payment…
The Singapore bank, one of the first traditional lenders in the region to launch its own digital exchange, now has S$100 million in digital assets in custody. I’m quite pleased, it is going quite well,» chief executive Piyush Gupta said on Tuesday during a…
The Singapore bank, one of the first traditional lenders in the region to launch its own digital exchange, now has S$100 million in digital assets in custody. I’m quite pleased, it is going quite well,» chief executive Piyush Gupta said on Tuesday during a…
DBS maintained profit momentum in the second quarter, resulting in all-time high performance for the first half. DBS registered a record-high profit of S$3.71 billion ($2.75 billion), according to the latest results, marking 54 percent year-on-year growth.…
DBS has appointed a group head of global transaction services, succeeding John Laurens who will be retiring. Lim Soon Chong has been named to the role, according to a statement, effective August 1 this year. Laurens, who first joined DBS in 2014, will remain…
The bank is the first in Asia to hold a London Metal Exchange (LME) trading membership outside of London. DBS is one of four Category 4 members on the LME, which allows it to trade and issue client contracts but doesn’t give it clearing abilities. The LME…
The bank is the first in Asia to hold a London Metal Exchange (LME) trading membership outside of London. DBS is one of four Category 4 members on the LME, which allows it to trade and issue client contracts but doesn’t give it clearing abilities. The LME…
The bank is launching a marketplace that for issuers to directly issue their own bonds connect with investors. DBS is launching the Fixed Income Exchange (FIX) to digitalize and make the bond issuance process more efficient, the bank announced on Tuesday in a…
Companies that focus on environmental, social, and governance (ESG) tend to be high-performing companies, therefore investing in a basket of ESG stock will you cannot do too badly with a portfolio ESG stock, DBS chief executive Piyush Gupta said. The truth is…
DBS’ securities joint venture in China will officially commence business operations after receiving its license from the mainland regulator. Securities joint venture DBS Securities (China) will kick off operations, according to a statement, effective…
DBS expands the offering on its digital exchange with its first-ever bond issuance via security token offering. DBS has issued a S$15 million ($11.35 million) bond through a security token offering (STO) on its digital exchange, according to a statement. The…
The second edition of the bank’s virtual career fair sees vacancies for women technologists almost treble to 140. The bank is focusing its outreach efforts on filling five engineering roles: Engineering Lead; Solution Architect; ReactJS Developer; Full Stack…
A veteran in the financial services industry and longtime DBS manager joins Singapore’s Aviva Singlife as its new group CEO. Pearlyn Phau Yee Meng will join Singapore’s Aviva Singlife as Executive Director and group CEO, the firm announced in a media release…
The lack of a physical presence, short track records, limited offerings, and other factors will act as hurdles for digital-only banks to overcome, according to DBS’ Hong Kong head of consumer banking group and wealth management Ajay Mathur. Banks and other…
DBS enlarges its cryptocurrency offering with a trust solution from its private banking arm amid growing demand for the asset class even within wealth succession plans. DBS Private Bank launches its cryptocurrency trust solution via wholly-owned DBS Trustee,…
DBS enlarges its cryptocurrency offering with a trust solution from its private banking arm amid growing demand for the asset class even within wealth succession plans. DBS Private Bank launches its cryptocurrency trust solution via wholly-owned DBS Trustee,…
