DBS 02 (Aug 10 - Dec 25)

Singapore - Market Direction 11 (Nov 14 - Dec 16)

Postby behappyalways » Fri Aug 05, 2016 7:05 pm

DBS's Love (for Risk) Is No Labor Lost
http://www.bloomberg.com/gadfly/article ... labor-lost
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Re: DBS 02 (Aug 10 - Dec 16)

Postby behappyalways » Mon Aug 08, 2016 10:32 am

DBS Profit Falls as Swiber Provisions Offset Interest Income
http://www.bloomberg.com/news/articles/ ... 05-billion
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Re: DBS 02 (Aug 10 - Dec 16)

Postby winston » Mon Aug 08, 2016 3:13 pm

DBS Bad Debt Doubles On Exposure To Oil & Gas Services Firm Swiber

By Shuli Ren

DBS Group (DBSM.Singapore/DBSDY) said its second-quarter profit fall 6% as provisions for bad debt more than doubled.

DBS’s net income fell to 1.05 billion Singaporean dollars ($780 million) from S$1.12 billion a year earlier, while provisions for bad loans rose to S$336 million from S$132 million.

Most of the incremental provision came from a net charge of S$150 million for DBS’s exposure to oil and gas services firm Swiber Holdings, the bank said.

Swiber, which provides construction services to oil and gas companies, filed a petition to liquidate its operations in July.

DBS’s exposure to Swiber has been in focus in the last two weeks with the bank saying on July 28 that it expected to recover only half of its S$700 million exposure. Shares of DBS have fallen for seven consecutive trading days.

Year-to-date, DBS has fallen 9.4%.

Source: Barron's Asia
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Re: DBS 02 (Aug 10 - Dec 16)

Postby behappyalways » Tue Aug 09, 2016 12:12 pm

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Re: DBS 02 (Aug 10 - Dec 16)

Postby behappyalways » Tue Oct 11, 2016 5:39 pm

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Re: DBS 02 (Aug 10 - Dec 16)

Postby behappyalways » Fri Dec 09, 2016 7:49 pm

HKMA Expresses Concern as DBS Arrests Reported in Hong Kong
https://www.bloomberg.com/news/articles ... -hong-kong


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Re: DBS 02 (Aug 10 - Dec 16)

Postby behappyalways » Wed Jan 25, 2017 11:58 am

dbs-investors-dreams-of-trump-face-rude-awakening
https://www.bloomberg.com/gadfly/articl ... -awakening
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Re: DBS 02 (Aug 10 - Dec 18)

Postby behappyalways » Sat Feb 04, 2017 8:56 pm

Ezra liquidation to hit DBS the hardest
http://sbr.com.sg/financial-services/ne ... bs-hardest
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Re: DBS 02 (Aug 10 - Dec 18)

Postby behappyalways » Sat Feb 11, 2017 5:43 pm

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Re: DBS 02 (Aug 10 - Dec 18)

Postby behappyalways » Thu Feb 16, 2017 6:13 pm

DBS posts 9% fall in 4Q earnings to $913 mil as on higher allowances
http://www.theedgemarkets.com.sg/articl ... allowances
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