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DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Rating) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 19,900 shares, an increase of 34.5% from the March 15th total of 14,800 shares. Based on an average trading volume of 108,000 shares, the days-to-cover ratio […]
DBS Group is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia, and South Asia. As of 31 December 2021, DBS has total assets of S$686 billion. In mid-2020, the Monetary Authority…
Zacks Investment Research cut shares of DBS Group (OTCMKTS:DBSDY – Get Rating) from a buy rating to a hold rating in a research note released on Tuesday morning, Zacks.com reports. According to Zacks, “DBS Group Holdings Ltd is the holding company of DBS Bank and is one of the largest companies in terms of market […]
This month, Citi struck a deal to sell its consumer business in four Southeast Asian markets to United Overseas Bank for $3.7 billion.
DBS, Southeast Asia's biggest lender, said in a statement that it will take over 3,500 staff in Citi's Taiwanese business that has 2.7 million credit cards, 500,000 deposit and wealth customers and 45 branches.