DBS Group Holdings Ltd provides a wide range of banking and financial services to individuals, businesses, and institutions in Asia. The company offer...Read more
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Sign Up TodaySales prospecting needs to be timely and appropriate for the person and organization you are contacting. Following the most recent company news, alerts, and updates about the leads you are currently working on is the simplest and most convenient way to stay on top of them. Here are DBS latest news, alerts and updates.
DBS to raise stake in China's Shenzhen Bank
DBS Bank, a unit of Southeast Asia's largest lender, will increase its stake in the unlisted Chinese bank to 16.69% from 13%
30 Dec 2023
DBS should focus on digitalisation to capitalise on its acquisition of Citibank’s Taiwan operations
DBS‚ move to acquire Citibank‚ consumer banking operations in Taiwan (Province of China) will prove highly beneficial for the bank, as long as it can tap into the digital needs of Taiwanese consumer
25 Sep 2023
DBS completes acquisition of Citi’s consumer banking business in Taiwan
On Jan 28, 2022, DBS announced that it was buying Citi's consumer business in Taiwan. The bank put in a total $2.2 billion into the deal which includes a premium of $956 million in cash as well as $1.2 billion to support the risk-weighted assets and capital needs.
13 Aug 2023
DBS sells 77.8% stake in AXS to private equity firm Tower Capital Asia
DBS has entered into an agreement to sell a 77.8 per cent stake in AXS to Tower Capital Asia in August 2023. How much will its minority stake be?
11 Jul 2023
DBS sells 77.8% stake in AXS to Tower Capital Asia
AXS became a subsidiary of the bank in 2006. DBS Bank is selling a 77.8% stake in AXS Pte. Ltd., a digital payments company, to private equity firm Tower Capital Asia. DBS will retain a minority stake of 9.9% in AXS. AXS became a subsidiary of DBS in 2006.
11 Jul 2023
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