DBS, a leading bank in Asia, has been at the forefront of using technology to help its customers become more savvy savers and investors. With the rise of digital banking, DBS has leveraged technology to provide its customers with innovative solutions to manage their finances more effectively. Here’s how DBS helps its customers become savvier savers and investors:

Digital Banking Platform: DBS’s digital banking platform provides customers with a seamless and intuitive experience to manage their accounts, track their expenses, and set financial goals. The platform offers features such as budgeting tools, transaction tracking, and personalized financial recommendations, empowering customers to take control of their finances.

AI-powered Investment Tools: DBS has introduced AI-powered investment tools that provide customers with data-driven insights and recommendations to make informed investment decisions. These tools analyze market trends, assess risk tolerance, and suggest personalized investment portfolios, enabling customers to make smart investment choices.

Robo-Advisory Services: DBS’s robo-advisory services offer customers a low-cost, automated investment solution that is tailored to their individual financial goals and risk profiles. This service provides customers with a diversified investment portfolio, regular portfolio rebalancing, and real-time monitoring, making investing more accessible and convenient.

Financial Education: DBS provides its customers with access to a range of financial education resources, including online tutorials, webinars, and workshops. These resources aim to enhance customers’ financial literacy, enabling them to make informed decisions about their finances and investments.

Gamification: DBS has introduced gamification elements to its digital banking platform, making saving and investing more engaging and fun. Customers can set financial goals, track their progress, and earn rewards, which motivates them to adopt healthier financial habits.

Partnerships and Collaborations: DBS collaborates with fintech companies, startups, and other industry experts to stay at the forefront of innovation. These partnerships enable DBS to leverage the latest technologies and trends, providing its customers with cutting-edge solutions to manage their finances.

By leveraging technology and innovation, DBS has empowered its customers to become more savvy savers and investors. With its digital banking platform, AI-powered investment tools, robo-advisory services, financial education resources, gamification, and partnerships, DBS has made managing finances more accessible, convenient, and engaging. As a result, customers can make informed decisions, achieve their financial goals, and secure their financial future.

DBS and JP Morgan have announced a collaboration to develop a framework for cross-border tokenised deposit transfers. The project aims to facilitate the transfer of tokenised deposits between the two banks, allowing for faster, cheaper, and more efficient transactions.

The framework will enable the banks to leverage blockchain technology and tokenisation to represent traditional deposits as digital assets, which can then be transferred across borders in a secure and efficient manner. This innovation has the potential to transform the way banks conduct cross-border transactions, reducing the need for intermediaries and increasing the speed of settlement.

The collaboration between DBS and JP Morgan is significant, as it brings together two major banks with extensive experience in digital innovation. DBS has been at the forefront of blockchain adoption, having launched a digital exchange for tokenised assets in 2020. JP Morgan, on the other hand, has developed its own blockchain-based platform, JPM Coin, for cross-border payments.

The development of a cross-border tokenised deposit framework is a major step forward in the adoption of blockchain technology in the banking industry. Traditional cross-border transactions often involve multiple intermediaries, resulting in high costs, long settlement times, and increased risk. By tokenising deposits, banks can reduce the need for intermediaries and increase the speed of settlement, making cross-border transactions faster, cheaper, and more efficient.

The framework will also provide an added layer of security, as transactions will be recorded on a blockchain, making them immutable and tamper-proof. This increased security, combined with the potential for faster and cheaper transactions, is expected to increase the adoption of cross-border tokenised deposit transfers among banks and financial institutions.

The collaboration between DBS and JP Morgan is expected to pave the way for further innovation in the banking industry, as other banks and financial institutions look to adopt similar frameworks for cross-border transactions. As the use of blockchain technology and tokenisation becomes more widespread, we can expect to see significant changes in the way banks conduct cross-border transactions, with increased speed, efficiency, and security.

In conclusion, the development of a cross-border tokenised deposit framework by DBS and JP Morgan is a significant innovation in the banking industry. By leveraging blockchain technology and tokenisation, the two banks aim to facilitate faster, cheaper, and more efficient cross-border transactions, reducing the need for intermediaries and increasing the speed of settlement. As the adoption of blockchain technology and tokenisation continues to grow, we can expect to see major changes in the way banks conduct cross-border transactions.

DBS, a Singapore-based lender, and Kinexys by J.P. Morgan are collaborating to develop an interoperability framework that enables the seamless transfer of tokenized value between their respective on-chain ecosystems, DBS Token Services and Kinexys Digital Payments. The framework aims to facilitate the exchangeability and settlement of tokenized deposits across both public and permissioned blockchains, setting a new standard for the industry. This collaboration will allow clients to conduct cross-bank transactions on-chain, providing them with broader reach and enabling real-time, 24/7 payments across borders.

The proposed framework will establish interoperability highways between the two banks, spanning both public and permissioned blockchain environments. This will enable J.P. Morgan institutional clients to pay DBS institutional clients using J.P. Morgan Deposit Tokens (JPMD) on the Base public blockchain, with the recipient able to exchange or redeem it for equivalent value via DBS Token Services. The goal is to ensure that tokenized deposits across banks and blockchains are fungible and represent the same value, upholding the principle of the singleness of money.

According to Rachel Chew, Group Chief Operating Officer and Head of Digital Currencies at DBS Bank, instant 24/7 payments provide businesses with the optionality, agility, and speed to navigate global uncertainties and capture emerging opportunities. She emphasized that interoperability is critical in reducing fragmentation and ensuring the safe transfer of tokenized money across borders. Naveen Mallela, Global Co-Head of Kinexys by J.P. Morgan, added that the collaboration is an example of how financial institutions can work together to further the benefits of tokenized deposits for institutional clients while protecting the singleness of money and ensuring interoperability across markets.

The initiative comes amidst accelerated growth in the world of tokenized finance, with commercial banks in nearly one-third of surveyed jurisdictions having launched, piloted, or conducted research on tokenized deposits, according to a 2024 survey by the Bank for International Settlements. Through this collaboration, DBS and Kinexys by J.P. Morgan aim to advance the usability and scalability of tokenized deposits, transforming how global businesses manage their finances while ensuring robust regulatory adherence. The partnership has the potential to pave the way for future collaborations and scale the next generation of financial services for clients.

Franklin Templeton and DBS Bank have partnered to launch Singapore’s first tokenized money market fund, the Franklin Onchain US Dollar Short-Term Money Market fund. The fund has received approval from the Monetary Authority of Singapore (MAS) and is now available to DBS’ wealth clients and accredited investors. Retail access is expected to be available in the first quarter of 2026. The fund uses Franklin Templeton’s proprietary Benji technology platform, which utilizes blockchain-integrated recordkeeping to provide investors with enhanced transparency, improved liquidity, and greater accessibility.

The tokenized fund mirrors the strategy of a Luxembourg-domiciled FTIF Franklin US Dollar Short Term Money Market Fund, which was launched over 30 years ago. Investors can access the MAS-approved fund with a minimum investment sum of $20. The fund’s blockchain technology provides a decentralized, tamper-proof system, ensuring secure and transparent investment tracking. This collaboration between Franklin Templeton and DBS Bank marks a significant milestone in the development of tokenized funds in Singapore, making it easier for investors to access and invest in these funds.

Tariq Ahmad, head of Apac at Franklin Templeton, expressed excitement about the collaboration, citing the growing interest in tokenized funds and digital assets. James Tan, group head of investment products & advisory at DBS Bank, noted that the partnership makes it simpler and more convenient for customers to start investing and build resilience through market cycles. The launch of this tokenized fund is a significant step towards increasing accessibility and transparency in the investment industry.

The partnership between Franklin Templeton and DBS Bank is expected to pave the way for further innovation in the tokenized fund space. With the growing demand for digital assets and tokenized funds, this collaboration is well-timed and has the potential to attract a wide range of investors. The use of blockchain technology and the Benji platform will provide investors with a secure and transparent way to track their investments, making it an attractive option for those looking to diversify their portfolios. Overall, the launch of the Franklin Onchain US Dollar Short-Term Money Market fund is a significant development in the Singaporean investment market.

RHB Research has maintained its “buy” rating for DBS Group Holdings and a “neutral” rating for United Overseas Bank (UOB) following the release of their 3QFY2025 results. This stance contrasts with the calls made by OCBC Investment Research, which had downgraded DBS to “hold” and upgraded UOB to “buy” after the same set of results.

RHB Research cited DBS’s strong 3QFY2025 performance, which saw a 9% year-on-year increase in net profit to SGD 2.24 billion, driven by higher net interest income and non-performing loan (NPL) recoveries. The research house also noted that DBS’s return on equity (ROE) improved to 14.1%, surpassing its long-term target of 12-13%. Additionally, RHB highlighted DBS’s robust capital position, with a common equity tier-1 (CET-1) ratio of 14.1%, providing a buffer against potential risks.

In contrast, RHB maintained its “neutral” rating for UOB, citing the bank’s lower net interest margin (NIM) and higher credit costs compared to DBS. While UOB’s 3QFY2025 net profit rose 6% year-on-year to SGD 1.13 billion, its NIM declined 10 basis points to 1.82%, and its credit costs increased to 23 basis points. RHB also noted that UOB’s ROE of 11.4% was lower than DBS’s, and its CET-1 ratio of 13.4% was slightly below DBS’s.

The differing views between RHB and OCBC Investment Research reflect varying assessments of the banks’ performance and prospects. OCBC had downgraded DBS due to concerns over its exposure to the slowing Singapore property market and potential risks from its overseas expansion. In contrast, RHB believes that DBS’s diversified business model and strong capital position will help it navigate these challenges.

Overall, RHB’s “buy” rating for DBS and “neutral” rating for UOB suggest that the research house is more optimistic about DBS’s prospects, citing its strong earnings momentum, robust capital position, and improving ROE. In contrast, UOB’s lower NIM, higher credit costs, and lower ROE have led RHB to maintain a more cautious stance on the bank. The differing views between RHB and OCBC highlight the complexities and uncertainties of the banking sector, and investors should carefully consider these factors when making investment decisions.

DBS Bank, Singapore’s largest bank, has announced a hiring freeze for positions that are likely to be automated due to the increasing use of artificial intelligence (AI) in banking operations. Instead of cutting jobs, the bank plans to retrain its employees to adapt to the changing landscape. According to CEO Tan Su Shan, DBS will “confront AI angst head-on” by redeploying staff into higher-value roles that require human judgment and empathy, such as advisory services, financial planning, and relationship management.

As AI systems take over routine functions like operations and customer service, DBS wants its workforce to focus on areas where human skills are essential. To achieve this, the bank is investing heavily in training programs that equip staff with digital literacy, data analysis, and advisory skills. For example, tellers are being retrained to become bankers, while bankers are being upskilled into financial advisors.

DBS’s approach reflects Singapore’s broader push to embrace AI while safeguarding jobs. Regulators have urged firms to prepare workers for technological disruption through reskilling initiatives. By retraining instead of downsizing, DBS hopes to balance efficiency with workforce resilience. The bank’s stance could set a precedent for Asian banks, emphasizing that while AI is here to stay, human skills remain vital in shaping the future of finance.

The hiring freeze is a pragmatic approach to automation, and observers note that it signals a shift towards a more sustainable and responsible approach to technological disruption. By investing in its workforce, DBS is ensuring that its employees remain relevant in an AI-driven future. The bank’s commitment to retraining and upskilling its staff demonstrates a strong commitment to its workforce and a willingness to adapt to the changing landscape of the financial industry. Overall, DBS’s strategy is a positive step towards harnessing the benefits of AI while protecting the livelihoods of its employees.

The Disclosure and Barring Service (DBS) is participating in Wales Safeguarding Week, a national awareness initiative taking place from November 10-14, 2025. The event aims to promote understanding and best practices in safeguarding adults and children. The DBS is supporting volunteer and charity organizations in Wales by providing guidance on DBS check eligibility rules. The DBS helps employers make informed recruitment decisions by processing criminal record checks and maintaining lists of individuals barred from working with children and vulnerable adults.

During Safeguarding Week, each Regional Safeguarding Board in Wales will host activities focused on specific themes, including safeguarding adults and children. The DBS will focus on helping organizations understand when DBS checks are required, what constitutes “regulated activity,” and how to access free checks for eligible volunteers. The DBS will also provide guidance on the application process.

To support Safeguarding Week, the Wales Council for Voluntary Action (WCVA) is hosting a free online session on November 11 to address common misconceptions about DBS check eligibility. The session will provide practical guidance to help organizations make safer recruitment decisions while supporting their volunteers. Owain Rowlands, Regional Safeguarding Outreach Adviser for Wales at DBS, emphasized the importance of the event, stating that many volunteer organizations want to do the right thing but are unsure about DBS check requirements.

The DBS offers year-round free support to organizations across Wales through its Regional Outreach Service. Organizations can access this support by visiting the DBS website or contacting Owain Rowlands directly. By participating in Safeguarding Week, the DBS aims to provide organizations with the confidence and knowledge they need to understand DBS check requirements and access free checks for eligible volunteers. This initiative is crucial in promoting safer recruitment practices and protecting vulnerable individuals in Wales. Overall, the DBS’s involvement in Safeguarding Week demonstrates its commitment to supporting organizations in making informed decisions and promoting a safer environment for everyone.

DBS Bank has reported a record-breaking income for the third quarter of 2025, driven primarily by strong fee income from its wealth management sector. The bank’s total income surged by 3% to S$5.9 billion, with fee income and treasury customer sales reaching new highs. Net interest income remained stable, while market trading income improved due to lower funding costs and a more favorable trading environment. However, the bank’s net profit experienced a slight dip of 2% year-on-year to S$2.93 billion, largely due to the newly enforced global minimum tax reform.

Despite this, the bank’s profit before tax rose by 1% to an all-time high of S$3.5 billion. Expenses increased by 6% to S$2.4 billion, primarily driven by higher staff costs as bonus accruals rose in line with the improved performance. For the first nine months of the year, DBS’s profit amounted to S$8.7 billion, representing a marginal decline of 1% from the same period last year.

Looking ahead, DBS’s CEO, Tan Su Shan, emphasized the bank’s ability to adapt to the challenges of decreasing interest rates through agile balance sheet management. The bank plans to seize structural opportunities across wealth management and institutional banking, ensuring continued growth and success. The CEO’s strategy is focused on navigating the pressures of declining interest rates while capitalizing on opportunities in key business segments.

The strong performance of DBS’s wealth management sector was a key driver of the bank’s record-breaking income. The sector’s fee income and treasury customer sales reached new highs, contributing to the bank’s overall revenue growth. The bank’s ability to generate strong fee income from its wealth management business is a testament to its strength in this area and its ability to capitalize on growing demand for wealth management services.

Overall, DBS Bank’s record-breaking income in the third quarter of 2025 demonstrates the bank’s resilience and ability to adapt to changing market conditions. While the newly enforced global minimum tax reform had a negative impact on the bank’s net profit, the bank’s strong performance in its wealth management sector and its ability to navigate the challenges of decreasing interest rates position it well for continued growth and success in the future.

DBS has released a research report on PetroChina’s third-quarter performance, indicating that the company has slightly exceeded expectations. Despite a 15% year-on-year decline in oil prices, PetroChina’s net profit only decreased by 3.9% year-on-year. This resilience is attributed to the company’s ability to maintain stable operations and adapt to changing market conditions.

The report highlights that PetroChina’s business model has demonstrated a strong capacity to withstand fluctuations in oil prices. With oil prices currently at a healthy level of $65 per barrel, the company is expected to experience a recovery in its downstream operations. As a result, DBS anticipates that PetroChina’s net profit will remain stable, which will in turn support its dividend payouts.

DBS estimates that PetroChina’s dividend yield will be around 6% over the next two years, making it an attractive investment opportunity. The bank has reiterated its ‘Buy’ rating for PetroChina and raised its target price from HKD 8.02 to HKD 8.8. This upgrade reflects the company’s strong performance and its potential for future growth.

PetroChina’s ability to maintain stable operations and generate consistent profits has earned it the top spot in the industry, according to DBS. The company’s resilience in the face of declining oil prices is a testament to its robust business model and strategic management. As the energy sector continues to evolve, PetroChina is well-positioned to capitalize on emerging opportunities and maintain its market leadership.

Overall, DBS’s research report presents a positive outlook for PetroChina, citing its stable net profit, attractive dividend yield, and strong business model. With a ‘Buy’ rating and an upgraded target price, PetroChina is an attractive investment opportunity for those looking to capitalize on the company’s growth potential. As the energy sector continues to navigate changing market conditions, PetroChina’s resilience and adaptability make it a top pick in the industry.

A young man born deaf and mute, suffering from severe involuntary movements in his hands and legs, has found hope at the Nizam’s Institute of Medical Sciences (NIMS) in Hyderabad. Despite seeking treatment at various private hospitals, his family was unable to afford the high costs, with some quotes reaching several lakhs of rupees. However, at NIMS, the patient underwent a complex procedure called Deep Brain Stimulation (DBS) that restored control over his movements, free of cost under the Aarogyasri and Chief Minister’s Relief Fund schemes.

DBS is an advanced neurosurgical procedure that treats neurological and movement disorders by implanting a device with electrodes in specific areas of the brain. The device delivers controlled electrical impulses to targeted brain regions, regulating abnormal brain activity and reducing tremors, stiffness, and involuntary movements. This allows patients to regain control over their bodies and perform daily activities independently.

Over the past year, around 130 patients have undergone DBS treatment at NIMS, with more than 100 treated under the Aarogyasri and Chief Minister’s Relief Fund schemes. Those not covered under these schemes were offered the treatment at a minimal expense compared to corporate hospitals. DBS has proven highly effective in helping patients overcome severe movement disorders and neurological conditions, restoring dignity and independence to their lives.

The treatment is primarily used to treat conditions such as Parkinson’s disease, epilepsy, dystonia, tremors, and certain psychiatric disorders like severe depression. DBS can dramatically improve the quality of life for patients who have not responded well to medications. In contrast to private hospitals, which charge nearly Rs 25 lakh for the procedure, NIMS provides DBS treatment at no cost or at a significantly reduced expense, making it accessible to those who cannot afford it otherwise. This initiative has brought hope to many patients and their families, offering a chance to regain control over their lives and live with dignity.

DBS and Goldman Sachs have successfully completed the first interbank over-the-counter (OTC) crypto options trade. This milestone marks a significant development in the adoption of cryptocurrencies in traditional finance. The trade was facilitated by DBS, a leading Asian bank, and Goldman Sachs, a global investment banking giant.

The OTC crypto options trade allows banks to hedge their exposure to cryptocurrency price fluctuations, providing a new risk management tool for institutions involved in crypto trading. This innovation enables banks to better manage their risks and increase their participation in the crypto market.

The completion of this trade demonstrates the growing collaboration between traditional financial institutions and the crypto industry. It highlights the increasing recognition of cryptocurrencies as a legitimate asset class, with traditional banks and financial institutions seeking to provide services and products related to digital assets.

DBS has been at the forefront of crypto adoption in Asia, having launched a digital exchange for cryptocurrencies in 2020. The bank has also partnered with other financial institutions to develop a blockchain-based platform for trading digital assets.

Goldman Sachs, on the other hand, has been actively involved in crypto trading and investment, having launched a crypto trading desk in 2018. The bank has also invested in several crypto-related startups and has developed its own blockchain-based platform for securities lending.

The successful completion of the first interbank OTC crypto options trade has significant implications for the crypto industry. It demonstrates the growing maturity of the market and the increasing involvement of traditional financial institutions. As more banks and financial institutions participate in crypto trading and investment, it is likely to lead to greater mainstream adoption and increased liquidity in the market.

The trade also highlights the importance of collaboration and innovation in the financial industry. By working together, traditional financial institutions and crypto companies can develop new products and services that meet the evolving needs of investors and institutions. As the crypto market continues to grow and evolve, it is likely that we will see more innovative products and services emerge, further solidifying the position of cryptocurrencies in traditional finance.

In a significant milestone for the crypto industry in Asia-Pacific, DBS and Goldman Sachs have successfully completed the first over-the-counter (OTC) cryptocurrency options trade between two banks. The trade, which involved cash-settled OTC bitcoin and ether options, demonstrates the increasing adoption of risk management best practices in the crypto ecosystem. This development marks a major step forward in the maturation of crypto assets, as it enables firms offering cryptocurrency-linked products to better manage their risk exposure.

According to DBS, the bank’s clients executed over $1 billion in trades involving cryptocurrency options and structured notes in the first half of 2025. This represents a significant growth of almost 60% in trade volumes from Q1 2025 to Q2 2025. Jacky Tai, group head of trading and structuring at DBS, noted that professional investors are seeking secure and well-managed platforms to build their digital asset portfolios. In response, platforms are enhancing their risk management capabilities, and the trade with Goldman Sachs highlights the potential for banks to bring traditional finance best practices into the digital asset ecosystem.

The successful trade also signifies the development of an interbank market for cash-settled OTC cryptocurrency options, an area expected to see continued growth as institutional investors become more active in the space. Max Minton, head of digital assets in Asia Pacific at Goldman Sachs, emphasized the significance of this development, highlighting the potential for increased collaboration and innovation between traditional financial institutions and the crypto industry.

The partnership between DBS and Goldman Sachs demonstrates the growing recognition of crypto assets as a legitimate investment opportunity, and the need for robust risk management practices to support their growth. As the crypto industry continues to evolve, the development of interbank markets for OTC cryptocurrency options is likely to play a key role in facilitating greater institutional participation and mainstream acceptance. With the crypto market expected to continue growing, this milestone trade between DBS and Goldman Sachs sets the stage for further innovation and collaboration between traditional finance and the crypto industry.

DBS has been named Southeast Asia’s most valuable brand in 2025, according to a recent report. This recognition is a testament to the bank’s commitment to innovation, customer experience, and sustainability. With a brand value of over $20 billion, DBS has surpassed other major brands in the region to take the top! spot.

DBS’s success can be attributed to its strategic focus on digitalization, which has enabled the bank to stay ahead of the curve in terms of technology and innovation. The bank has invested heavily in digital transformation, leveraging artificial intelligence, blockchain, and data analytics to enhance customer experience and improve operational efficiency.

The bank’s dedication to sustainability has also played a significant role in its success. DBS has embedded sustainability into its business model, with a focus on environmental, social, and governance (ESG) considerations. The bank has set ambitious targets to reduce its carbon footprint and has launched various initiatives to support sustainable development in the region.

In addition to its digital and sustainability efforts, DBS has also prioritized customer experience, with a focus on providing personalized and seamless banking services. The bank has introduced various digital channels and platforms, including mobile banking apps and online portals, to make banking more convenient and accessible for its customers.

The recognition of DBS as Southeast Asia’s most valuable brand in 2025 is a significant achievement, not only for the bank but also for the region. It highlights the growing importance of Southeast Asia as a hub for financial services and the increasing recognition of the region’s brands on the global stage.

The report also highlights the bank’s strong financial performance, with DBS reporting record profits and revenues in recent years. The bank’s strong balance sheet and robust risk management framework have enabled it to navigate the challenges of the pandemic and other market uncertainties.

Overall, DBS’s recognition as Southeast Asia’s most valuable brand in 2025 is a testament to the bank’s commitment to innovation, customer experience, and sustainability. The bank’s strategic focus on digitalization, sustainability, and customer experience has enabled it to stay ahead of the curve and achieve significant success in the region. As the banking landscape continues to evolve, DBS is well-positioned to maintain its leadership position and continue to drive growth and innovation in Southeast Asia.

DBS Bank (Hong Kong) Limited has announced the successful closing of a USD300 million sustainability-linked revolving loan (SLL) facility for SPIC International Finance (Hong Kong) Company Limited and the offshore subsidiaries of the State Power Investment Corporation Limited (SPI Group). This facility will provide general corporate funding and working capital for SPI Group to achieve its sustainability performance target concerning overseas renewable energy capacity.

The transaction underscores DBS’ commitment to supporting the energy sector’s transition towards a low-carbon future through sustainable financing. As one of the world’s largest renewable power generation enterprises, SPI Group strives towards low-carbon development and supports countries and regions of the “Belt and Road” Initiative in increasing their installed capacity of green energy.

DBS’ SLL facilities are designed to offer timely and flexible financing to support SPI Group’s priorities in renewable energy projects. The bank is committed to enabling energy transition in Asia and continues to scale up SLLs to support companies in setting emission reduction targets. DBS Hong Kong actively integrates sustainable concepts into its products and services, promoting green finance through investment support, fund allocation, risk management, and advisory services.

The successful conclusion of this SLL cooperation with DBS Bank Hong Kong will effectively support the implementation of SPI Group’s overseas clean energy strategy and foster sustainable development collaboratively. The financing will be used to advance the construction of wind power, photovoltaic, and energy storage projects in countries and regions along the “Belt and Road” initiative, further expanding its green energy installed capacity.

DBS is a leading financial services group in Asia with a presence in 19 markets. The bank has been recognized for its global leadership and has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney, and “Global Bank of the Year” by The Banker. DBS provides a full range of services in consumer, SME, and corporate banking and is committed to building lasting relationships with customers.

The bank’s commitment to sustainable finance is evident in its efforts to promote green finance and support companies in achieving their sustainability objectives. The partnership between DBS and SPI Group is a significant step towards promoting sustainable development and supporting the energy sector’s transition towards a low-carbon future. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities and is dedicated to creating impact beyond banking by uplifting lives and livelihoods of those in need.

DBS CEO Tan Su Shan is leading the bank into a new era of artificial intelligence (AI), with a focus on creating a “gen-AI-enabled bank with a heart.” Since taking the helm in March, Tan has emphasized the importance of emotional balance, agility, and trust in navigating the volatile banking landscape. She believes in cultivating a diverse team with complementary skills and building trust to face challenges together.

Tan highlights the need for “ambidextrous leadership,” balancing legacy infrastructure with innovative pursuits. DBS is rooted in Asia, with a focus on core markets like China, India, and Indonesia, while anchoring tech and financial hubs in Singapore and Hong Kong. The bank manages geopolitical and regulatory complexity through ring-fencing of capital, risks, and technology.

DBS’s purpose is deeply rooted in its heritage as a development bank, and Tan stresses the importance of investing in social impact. The bank has committed over S$1 billion to lifting low-income communities across its markets. Tan emphasizes collaboration with governments, NGOs, and local communities to scale impact.

DBS’s AI journey began with the establishment of a data lake and has progressed to building over 1,300-1,600 models. In 2024, AI and data initiatives generated S$750 million of economic value, with anticipated growth to S$1.1-1.2 billion in 2025. Tan insists that the transformation must flow through culture, with a focus on responsible AI and a guiding philosophy known as the PURE framework: purposeful use of data, unsurprising, respectful, and explainable.

To ensure responsible AI, DBS enforces guardrails, including human-in-the-loop oversight, access controls, bias checks, and accountability. Tan says DBS is going all-in on AI, with a focus on getting fundamentals right, including clean data, robust guardrails, and a culture of learning. The bank is developing vertical AI use cases and has launched DBS GPT, a gen-AI assistant for employees.

Tan’s vision offers a powerful template for human-centered AI banking, marrying advanced AI with purpose, guardrails, and empathy. Her approach recognizes that technology alone is not transformation, but rather is shaped by values, leadership, and human touch. As DBS continues to innovate and grow, the question remains whether other institutions can follow suit and create their own “gen-AI-enabled bank with a heart.”

Singapore banks are rapidly expanding their presence in the asset tokenisation space, with DBS launching tokenised structured notes on the Ethereum public blockchain in August. This move is part of a broader trend, as other banks, including OCBC and UOB, explore the potential of digital assets to enhance the liquidity and efficiency of financial markets. Tokenisation, which involves converting assets into digital form for trading on the blockchain, is expected to revolutionize the way assets are bought and sold.

Despite the excitement surrounding digital assets, banks are cautious about the regulatory and talent hurdles that must be overcome. Anti-money laundering compliance is a major concern, with cryptocurrencies having been linked to money laundering in the past. To address this, banks are calling for a common framework for knowing your customers (KYC) that would allow them to interact with other financial institutions and wallets. This would require the development of new talent with expertise in both finance and technology, as well as legal and risk management.

The Monetary Authority of Singapore (MAS) is also watching the space closely, with Alan Lim, head of fintech infrastructure and the AI office, emphasizing the importance of collaboration between regulators and the industry. Project Guardian, a joint initiative between policymakers and the financial industry, aims to enhance liquidity and efficiency in financial markets through asset tokenisation. The project brings together different elements to create a framework for asset tokenisation and interaction.

Overall, while there are significant hurdles to overcome, the potential benefits of asset tokenisation are substantial. As Dr. Steven Hu, head of digital assets for global markets at OCBC, noted, “Tokenisation is no longer a niche area of finance. It is actually becoming the mainstream of financial services at this point of time.” With the right talent, regulatory framework, and collaboration, Singapore’s banks are poised to lead the way in this exciting new field. As Yip Kah Kit, head of blockchain and digital assets at UOB Group, said, “I think there are also other classes of tokenised money – bank deposits being one – that are closely related to both the internal operations and also integrate very well with the core systems of banks in general.”

DBS has launched a new promotion, the New-to-DBS Multiplier Account, which offers new customers the opportunity to earn higher interest rates on their savings. With this promotion, customers can earn up to 2.5% p.a. on their first $100,000 when they credit their salary and transact in just one category, such as DBS/POSB Credit Card/PayLah! Retail Spend, Home Loan Instalment, Insurance, or Investment. This promotional rate gives customers an additional 0.3% p.a. and doubles the balance eligible for higher interest from $50,000 to $100,000.

To qualify for the DBS New-to-Multiplier promotion, customers need to open a new DBS Multiplier Account, deposit fresh funds, and maintain a daily balance of at least $100,000 during the promotion period. They also need to credit their salary via GIRO and make transactions in at least one eligible category. The total eligible monthly transactions will determine which promotional tier the customer falls under, with higher transactions resulting in higher interest rates.

In addition to the interest promotion, DBS is also offering up to $680 in cash rewards for new and existing DBS Multiplier customers. Customers can receive a $300 cash reward for crediting their salary for three consecutive months, and up to $380 in cash rewards when they sign up for a DBS yuu Card with promo code ‘DBSYUU’. The DBS yuu Card also offers up to 18% cash rebates on daily spend at participating merchants.

By combining the boosted interest from the New-to-DBS Multiplier Account promotion with the additional cash rewards, customers could increase the returns on their savings within just four months. For example, if a customer opens a new DBS Multiplier account and maintains a balance of $100,000, they could earn up to 2.5% p.a. on their first $100,000, resulting in approximately $828 in interest over the four-month period. With the additional cash rewards, they could receive up to $1,508 in interest payout and combined rewards.

Overall, the DBS New-to-DBS Multiplier Account promotion offers customers a chance to earn higher interest rates on their savings and receive cash rewards for using DBS products and services. By taking advantage of this promotion, customers can make their money work harder and achieve their financial goals.

RQI Investors has partnered with DBS to offer a quantitative fund in Hong Kong. This partnership aims to provide investors with a unique investment opportunity that leverages the expertise of both firms. RQI Investors is a global investment management firm that specializes in quantitative strategies, while DBS is a leading financial services group in Asia.

The quantitative fund, which will be distributed by DBS, will utilize RQI’s proprietary investment strategies to generate returns for investors. The fund will be available to institutional and individual investors in Hong Kong, and will provide them with access to a diversified portfolio of assets.

This partnership is significant, as it marks RQI’s entry into the Hong Kong market. The firm has a strong track record of delivering returns through its quantitative strategies, and this partnership will enable it to expand its reach to a new set of investors. DBS, on the other hand, will benefit from the partnership by adding a new offering to its product suite, which will enhance its ability to serve the needs of its clients.

The quantitative fund will be managed by RQI’s team of experienced investment professionals, who will use advanced algorithms and statistical models to identify investment opportunities. The fund will have a flexible investment approach, which will allow it to adapt to changing market conditions.

The partnership between RQI and DBS is also a testament to the growing demand for quantitative investment strategies in Asia. Investors in the region are increasingly looking for ways to generate returns in a low-yield environment, and quantitative funds are seen as an attractive option.

Overall, the partnership between RQI Investors and DBS is a significant development in the Hong Kong investment landscape. It provides investors with a new and innovative way to access quantitative investment strategies, and underscores the growing importance of Asia as a hub for investment management.

RQI Investors’ decision to partner with DBS to offer a quantitative fund in Hong Kong is a strategic move that will enable the firm to expand its presence in the region. The partnership is expected to be well-received by investors, who are looking for new and innovative ways to generate returns. With its strong track record and expertise in quantitative strategies, RQI Investors is well-positioned to succeed in the Hong Kong market.

Hong Kong’s newly implemented stablecoin regulatory framework has been criticized for being overly restrictive, particularly with regards to derivatives trading on blockchain networks. According to Sebastian Paredes, CEO of DBS Hong Kong, the regulations on Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements will significantly limit the use of stablecoins for on-chain derivatives trading. As a result, DBS will focus on building broader stablecoin capabilities in Hong Kong, rather than pursuing derivatives trading.

The new regulations, which came into effect on August 1, have already had a significant impact on the stablecoin industry in Hong Kong. The rules have criminalized the promotion of unlicensed stablecoins and established a public registry of authorized issuers. This has led to double-digit losses for some stablecoin companies operating in Hong Kong, as the rules are stricter than expected.

Despite these challenges, DBS is committed to exploring the potential of stablecoins in Hong Kong. The bank has a long history of involvement in the crypto industry and has been at the forefront of blockchain technology. Earlier this month, DBS partnered with Franklin Templeton and Ripple to launch tokenized trading and lending services for institutional investors. The bank has also launched tokenized structured notes on the Ethereum blockchain and manages the US dollar reserve of the Global Dollar (USDG).

However, Hong Kong’s stablecoin regulatory framework has been criticized by others as well. A Hong Kong Securities and Futures Commission (SFC) official warned that the new framework has increased the risk of fraud, and Chinese authorities have instructed local firms to cease publishing research or holding seminars related to stablecoins. This has led to uncertainty and volatility in the stablecoin market, with some companies considering withdrawing from cryptocurrency-related activities.

Overall, Hong Kong’s stablecoin regulatory framework has created challenges for the industry, particularly with regards to derivatives trading. While DBS and other companies are committed to exploring the potential of stablecoins, the restrictive regulations will likely limit their use and growth in the region. As the regulatory environment continues to evolve, it remains to be seen how the stablecoin industry will adapt and respond to these changes.

Piyush Gupta, the CEO of DBS Group, has expressed concerns over the limitations imposed by Hong Kong’s regulations on stablecoin derivatives trading. According to Gupta, the rules, which were implemented to oversee the trading of cryptocurrency futures, have restricted the growth of the city’s digital asset market. The regulations require investors to have a minimum portfolio size of HK$8 million (approximately $1 million) to trade cryptocurrency futures, which is a significant barrier to entry for many potential investors.

Gupta argued that these restrictions would hinder the development of Hong Kong’s crypto market, as they limit the ability of investors to trade stablecoin derivatives. Stablecoins are a type of cryptocurrency that is pegged to the value of a traditional currency, such as the US dollar, and are seen as a more stable and reliable investment option compared to other cryptocurrencies. The derivative products based on these stablecoins are also expected to be popular among investors, but the strict regulations in Hong Kong may prevent this from happening.

The CEO of DBS also noted that other financial hubs, such as Singapore, have more favorable regulations in place, which could attract investors and businesses away from Hong Kong. Singapore has been actively promoting its digital asset market, with a more relaxed regulatory approach, and has already seen significant investment and growth in the sector. Gupta warned that if Hong Kong fails to revise its regulations and become more competitive, it risks losing its position as a leading financial center.

In response to these concerns, the Hong Kong government has announced plans to review and revise its regulations to make the city more attractive to digital asset businesses and investors. The government has stated that it aims to create a more favorable environment for the growth of the crypto market, while also ensuring that investors are protected and that the city’s financial system remains stable.

The development of the crypto market in Hong Kong is significant, not only for the city but also for the broader region. As a major financial hub, Hong Kong’s regulatory approach can have a significant impact on the growth of the digital asset market in Asia. The city’s ability to balance regulation and innovation will be crucial in determining its position as a leading center for digital assets. With the government’s plans to revise its regulations, Hong Kong may be able to regain its competitive edge and attract more investors and businesses to its digital asset market.

PT Bank DBS Indonesia has been recognized for its exceptional digital capabilities, winning the Indonesia Digital Experience of the Year – Banking award at the Asian Experience Awards 2025. The bank’s collaboration with payments company PT Nium Mitra Indonesia was instrumental in achieving this feat. Through their partnership, DBS Indonesia implemented several innovative solutions using application programming interface (API) to enhance its service offerings and deliver superior digital experiences to customers.

The solutions implemented include Virtual Account, API Notification, and API for Local/Domestic Payments. These innovations have simplified collection transactions, enabled real-time notifications, and provided a comprehensive solution for domestic transactions. As a result, DBS Indonesia has been able to support Nium in increasing its transaction volume, driving sustainable growth and operational efficiency.

The success of this collaboration has been remarkable, with payment transactions increasing by over 92% from Q4 2024 and collection transactions growing by over 300% from Q3 2024. DBS Indonesia has set a new benchmark in the global Money Services Business sector, particularly in local payment disbursement, by addressing critical issues and providing seamless integration with Nium operations.

The Asian Experience Awards, presented by Asian Business Review Magazine, recognizes companies that deliver meaningful brand experiences to their stakeholders. By winning this award, DBS Indonesia aims to build credibility and attract more forward-thinking customers to leverage its technology-driven offerings. The bank’s success demonstrates the potential of strategic collaborations and digital innovations in enhancing customer experiences and driving business growth.

The award win is a testament to DBS Indonesia’s commitment to delivering exceptional digital experiences and its ability to work effectively with partners to achieve common goals. As the bank continues to invest in digital solutions, it is likely to remain a leader in the banking industry, providing innovative and seamless experiences for its customers. The Asian Experience Awards 2025 has recognized DBS Indonesia’s efforts, and the bank is well-positioned to continue its success in the future.

A recent listing on an Arizona dealership’s website has revealed a staggering price discrepancy for a 2021 Aston Martin DBS Superleggera Coupe. The luxury vehicle, which originally retailed for $363,000 when new, is now being sold for a mere $166,500. This represents a significant depreciation of nearly 54% in just a few years.

The Aston Martin DBS Superleggera Coupe is a high-performance grand tourer that boasts a 5.2-liter twin-turbo V12 engine, producing 715 horsepower and 664 lb-ft of torque. With its sleek design and impressive specs, it’s no wonder that the vehicle commanded a hefty price tag when it first hit the market.

However, as with many luxury cars, the DBS Superleggera Coupe has not held its value well. The listed vehicle has a mere 2,200 miles on the clock, indicating that it has been barely used. Despite its low mileage, the car’s price has plummeted, making it a potentially attractive option for those looking to own a high-end vehicle without breaking the bank.

It’s worth noting that the DBS Superleggera Coupe is not alone in its depreciation woes. Many luxury cars, particularly those from high-end manufacturers like Aston Martin, often experience significant price drops in the first few years of ownership. This can be attributed to a variety of factors, including changing market trends, the introduction of new models, and the simple fact that luxury cars are often purchased as status symbols rather than practical modes of transportation.

For prospective buyers, the heavily discounted price of the 2021 Aston Martin DBS Superleggera Coupe may be seen as an opportunity to own a highly exclusive and powerful vehicle at a fraction of its original cost. However, it’s essential to consider the potential long-term implications of purchasing a depreciated luxury car, including the possibility of continued price drops and the potential for higher maintenance costs.

Overall, the significant price reduction of the 2021 Aston Martin DBS Superleggera Coupe serves as a reminder of the often-unpredictable nature of the luxury car market. While the car’s discounted price may be attractive to some, it’s crucial to approach such purchases with caution and carefully consider the potential risks and rewards involved.

DBS Private Bank has announced that its DBS Multi Family Office Foundry VCC (DBS MFO) has reached a record SGD 1 billion in assets under management (AUM) just two years after its launch. The DBS MFO is the world’s first bank-backed multi family office to leverage Singapore’s Variable Capital Company (VCC) structure. Since its debut in 2023, the DBS MFO has onboarded over 25 ultra-high net worth (UHNW) families worldwide, highlighting Singapore’s position as a leading family office and fund management hub.

The DBS MFO offers a unique ‘plug-and-play’ solution, allowing clients to invest with a minimum of SGD 15 million and benefit from the VCC’s tax incentive award. Clients have the freedom to customize their investment strategies without being required to invest in DBS products. The DBS MFO also provides professional management and oversight, maintaining the highest standard of governance and compliance.

According to Lee Woon Shiu, Group Head of Wealth Planning, Family Office & Insurance Solutions, DBS Private Bank, the DBS MFO has exceeded expectations, reflecting the growing demand for cost-efficient and institutionally-supported wealth structuring solutions. The bank’s ‘One Bank’ model, which integrates its wealth and institutional businesses, has created a differentiated wealth proposition.

DBS currently banks over one-third of the single family offices established in Singapore, and its family office AUM has more than doubled in the last two years. The bank is on track to double its AUM to SGD 2 billion by the end of 2026. DBS also offers a range of structures, including family trusts, private trust companies, and donor-advised funds, to address the wealth and legacy planning needs of its clients.

The bank has seen an increase in UHNW families committed to using their wealth as a “force for good” through impact investing or philanthropic means. DBS Foundation, which champions businesses for impact, serves as a natural partner for these clients. The bank intends to expand its suite of innovative and sustainable long-term wealth structuring solutions, focusing on priority markets such as Taiwan, Japan, and the United Kingdom.

DBS is a leading financial services group in Asia, recognized for its global leadership and commitment to building lasting relationships with customers. The bank has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney, and “Global Bank of the Year” by The Banker. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

A DBS-backed family office platform has reached a significant milestone, hitting $780 million in assets under management. The platform, which provides wealth management services to high net worth individuals and families, is expected to double its assets to $1.6 billion by the end of 2026.

The growth of the platform is a testament to the increasing demand for family office services, particularly in Asia where wealth creation is on the rise. Family offices are private wealth management firms that cater to the financial needs of high net worth individuals and their families, providing a range of services including investment management, tax planning, and philanthropy.

The DBS-backed platform is well-positioned to capitalize on this trend, given its strong track record and expertise in wealth management. DBS, one of the largest banks in Southeast Asia, has a long history of providing financial services to high net worth individuals and families, and its backing of the family office platform is a strategic move to expand its offerings in this space.

The platform’s growth is also driven by its ability to provide customized solutions to its clients, who are increasingly seeking more sophisticated and tailored investment strategies. With a strong team of experienced investment professionals and a robust infrastructure, the platform is able to offer a wide range of investment products and services, including private equity, real estate, and hedge funds.

Moreover, the platform’s focus on Asian markets is a key differentiator, as many family offices are looking to invest in the region’s growing economies. The platform’s expertise in Asian markets, combined with its global reach and network, makes it an attractive option for families looking to diversify their investments and tap into new opportunities.

Overall, the DBS-backed family office platform’s achievement of $780 million in assets under management is a significant milestone, and its expected growth to $1.6 billion by the end of 2026 is a testament to the increasing demand for family office services in Asia. As the wealth management landscape continues to evolve, the platform is well-positioned to capitalize on this trend and provide high net worth individuals and families with customized and sophisticated investment solutions.

The platform’s success can be attributed to its ability to adapt to the changing needs of its clients, who are becoming increasingly sophisticated in their investment approaches. By providing a range of services and investment products, the platform is able to meet the diverse needs of its clients, from wealth preservation to wealth creation. With its strong track record and expertise in wealth management, the DBS-backed family office platform is expected to continue its growth trajectory and remain a leading player in the family office space.

The Deep Brain Stimulation (DBS) Devices Market is expected to experience significant growth, driven by the increasing prevalence of neurological and psychiatric disorders. The market is projected to reach $4.0 billion by 2034, expanding at a Compound Annual Growth Rate (CAGR) of 7.6% from $1.9 billion in 2024.

Key growth drivers include the rising incidence of Parkinson’s disease, strong adoption of DBS for Parkinson’s disease, and technological advances in implantable devices. Leading players in the market include Medtronic, Abbott Laboratories, Boston Scientific, and Aleva Neurotherapeutics. The market is segmented by product type, application, end-user, and technology, with Parkinson’s disease dominating the market, accounting for over half of implant procedures worldwide.

Regional analysis shows that North America and Europe are the largest DBS markets, while the Asia-Pacific region is expected to post the fastest growth due to demographic trends and government investments in healthcare. The market is also driven by the increasing use of robot-assisted neurosurgery, miniaturization, and wireless technologies, which reduce surgical risks.

However, the market also faces challenges such as high procedure and device costs, risks of surgical complications, and limited patient awareness in developing regions. To address these challenges, companies are focusing on developing cost-effective DBS devices, improving patient awareness, and expanding access to advanced neurosurgical facilities in emerging economies.

The latest trends in the market include the introduction of adaptive DBS systems, directional leads, and the integration of Artificial Intelligence (AI) algorithms in DBS programming. Strategic partnerships between device manufacturers and hospital networks are also expected to drive growth in the market.

In conclusion, the Deep Brain Stimulation Devices Market is expected to experience significant growth, driven by technological advances, increasing prevalence of neurological disorders, and expanding indications for DBS. Opportunities ahead include the expansion of DBS indications to psychiatric disorders, adoption of adaptive and AI-driven DBS systems, and growth in emerging markets through cost-effective surgical programs.