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DBS Bank CEO Reports AI Contributing to Fee Income Growth
Businesschannel-news-asia25d ago

DBS Bank CEO Reports AI Contributing to Fee Income Growth

The CEO of DBS Bank, Tan Su Shan, stated that artificial intelligence is starting to generate business benefits, helping relationship managers create client ideas and boost transaction activity, thereby contributing to fee income growth.

DBS Relaunches PayLah! Cashback Campaign with S$3 Offer
Businessstraits-timeschannel-news-asia6d ago2 sources

DBS Relaunches PayLah! Cashback Campaign with S$3 Offer

DBS is bringing back its popular PayLah! campaign, offering customers up to S$3 cashback on 17 Saturdays starting from August 29. This initiative aims to incentivize the use of the PayLah! mobile payment service.

EchoStar Prepares Dish DBS Bankruptcy Filing
WorldYahooseeking-alpha2mo ago2 sources

EchoStar Prepares Dish DBS Bankruptcy Filing

EchoStar is reportedly preparing a bankruptcy filing for its Dish DBS unit. This development signals potential financial restructuring for the satellite television provider.

BusinessReutersnikkei-asiastraits-times3mo ago3 sources

DBS to Expand Wealth Management with New Asian Centers

DBS plans to open 18 new wealth centers across Asia, including two in Singapore by late 2027, to enhance its advisory services for affluent clients. This expansion aims to cater to the growing demand for wealth management advice among rich Asians.

DBS Bank Q1 Profit Beats Forecasts, Wealth Management Soars
BusinessReutersbloombergchannel-news-asia4mo ago3 sources

DBS Bank Q1 Profit Beats Forecasts, Wealth Management Soars

DBS Bank reported first-quarter profits that surpassed analyst forecasts, largely driven by a significant increase in wealth management fees. The bank maintained its 2026 outlook, with its strong performance helping to mitigate global economic risks.

eToro Acquires Crypto Wallet Firm Zengo for $70 Million
FinancebloombergSCMPYahoo+1seeking-alpha4mo ago4 sources

eToro Acquires Crypto Wallet Firm Zengo for $70 Million

Online trading platform eToro has announced its acquisition of Zengo, a self-custody crypto wallet firm, in a deal valued at $70 million. This move aims to expand eToro's self-custody and on-chain infrastructure capabilities.