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DBS Q4 net profit rises 10% to S$1.32bDBS Group Holdings reported a 10 per cent increase in net profit after one-off items to S$1.32 billion for the fourth quarter, up from S$1.19 billion the year before. While business momentum remained healthy, results were “dampened” by weakness in treasury markets income, the bank said in a regulatory announcement on Monday morning. Read more at The Business Times.
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Ex-Citibank Singapore CEO Han Kwee Juan joining DBS as group head of strategy and planningFORMER Citibank Singapore CEO Han Kwee Juan will be joining DBS Group Holdings as group head of strategy and planning in April, DBS announced on Monday. Read more at The Business Times.
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DBS hires Citibank Singapore CEO to head group strategyDBS has snagged former Citibank Singapore CEO Han Kwee Juan, who will from April take on the role of group head of strategy and planning. Read more at The Business Times.
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Brokers' take: CGS-CIMB upgrades SATS to 'add', Citi, DBS maintain 'buy'CGS-CIMB has upgraded SATS to 'add', while Citi and DBS Group Research maintained at 'buy'. Read more at The Business Times.
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