Jimmy Ng, current group head of operations, will retire and become a senior advisor for AI. DBS has appointed a new group chief operating officer (COO) and group audit head. Derrick Goh will assume ...

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.

DBS has strong capital buffers that allow it to weather economic downturns. As of December 2024 its common equity Tier 1 ratio was 17.0% on a transitional basis and still 15.1% even assuming final ...

Gupta’s comments come as Southeast Asia’s largest bank by assets posted a solid showing in its full year results, with net ...