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DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 6,700 shares, a growth of 24.1% from the August 31st total of 5,400 shares. Based on an average daily volume of 41,300 shares, the days-to-cover […]
DBS Group CEO Piyush Gupta has stated that Singapore's anti-money-laundering regime is robust, with banks investing heavily in anti-fraud technology. However, Gupta noted that no system is foolproof. Major banks in Singapore have recently been linked to a large money-laundering case. Despite this, Gupta believes that banks have become more cautious since the global financial crisis, investing in technology such as artificial intelligence (AI) to better understand customers and detect suspicious transactions.
DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totalling 15,700 shares, a growth of 823.5% from the July 31st total of 1,700 shares. Based on an average trading volume of 65,500 shares, the days-to-cover […]
DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totalling 1,700 shares, a decline of 92.9% from the July 15th total of 24,000 shares. Based on an average daily volume of 45,800 shares, the short-interest […]
The Goldman Sachs Group upgraded shares of DBS Group (OTCMKTS:DBSDY – Free Report) from a sell rating to a neutral rating in a research note published on Sunday morning, FlyOnTheWall reports. Separately, HSBC upgraded shares of DBS Group from a hold rating to a buy rating in a report on Tuesday, May 23rd. Check Out […]