|Bid||29.02 x 0|
|Ask||29.03 x 0|
|Day's Range||28.94 - 29.19|
|52 Week Range||18.45 - 29.40|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||16.02|
|Earnings Date||Apr 30, 2021|
|Forward Dividend & Yield||0.72 (2.48%)|
|Ex-Dividend Date||Apr 07, 2021|
|1y Target Est||30.14|
The company said financial authorities in Singapore and China had approved the deal and was in line with its aim to expand in the rapidly growing Greater Bay Area in China. In September, DBS received approval from China's securities regulator to form a joint venture securities company in which it would have a controlling stake, allowing DBS to engage in brokering, investment consulting, securities underwriting and sponsorship in the country. Earlier on Tuesday, Reuters exclusively reported DBS was among a clutch of banks looking to bid for parts of Citigroup's consumer business in Asia.
SINGAPORE (Reuters) -Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup's consumer business in Asia, people with direct knowledge of the matter said. The move comes after Citi said it would exit from its consumer franchises in 13 markets, 10 of which are in Asia, as it refocuses on its more lucrative institutional and wealth management businesses in these markets. Potential bids from the regional banks and StanChart, which makes most of its profit in Asia, underscores their growing appetite for businesses like credit cards and mortgages in a push to lock in long-term income growth.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of DBS Bank (China) LimitedGlobal Credit Research - 09 Apr 2021Hong Kong, April 09, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of DBS Bank (China) Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 1 April 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.