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RHB maintains ‘buy’ on DBS, says dividend payout not impacted by MAS supervisory action

RHB on Tuesday (Feb 8) maintained a "buy" call on DBS with a target price of S$40.40, after the bank was directed by the Monetary Authority of Singapore (MAS) to set aside an additional S$930 million in regulatory capital following the prolonged disruption of its digital banking services...

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UOB shares hit all-time high of S$32.86

UOB shares spiked on Tuesday (Feb 8) to stand out among its peers as the largest share price gainer of the day.

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BT explains: What is regulatory capital and why has MAS asked DBS to set aside more of it?

AS a penalty for the widespread disruption of its digital banking services in November last year, DBS has been told by the Monetary Authority of Singapore (MAS) to set aside about S$930 million in additional regulatory capital as a buffer against operational risks.

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MAS orders DBS to set aside S$930m more in regulatory capital after outage

DBS has to set aside about S$930 million in additional regulatory capital to guard against operational risk, as penalty for widespread disruption of its digital banking services in November last year.

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MAS imposes additional regulatory capital requirement on DBS for 2-day digital services outage

THE Monetary Authority of Singapore (MAS) has imposed an additional capital requirement on DBS for the widespread disruption of digital banking services in November last year.

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MAS instructs DBS to set aside S$930m in additional regulatory capital over 2-day digital outage

AS penalty for widespread disruption of its digital banking services in November last year, DBS now has to set aside about S$930 million in additional regulatory capital to guard against operational risks.

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MAS orders DBS to set aside S$930m more in regulatory capital over service failure

AS penalty for widespread disruption of its digital banking services in November last year, DBS now has to set aside about S$930 million in additional regulatory capital to guard against operational risks.

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MAS orders DBS to set aside S$930m more in regulatory capital over serious service failure

AS penalty for widespread disruption of its digital banking services in November last year, DBS now has to set aside about S$930 million in additional regulatory capital to guard against operational risks.

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NFT movement is turning off some artists

WHEN non-fungible tokens, or NFTs, first exploded on to the market last year, proponents touted their potential to democratise art and give emerging artists new ways to earn money.

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UOB probes Friday’s hours-long mobile app disruption, says bank’s system still secure

THE recent hours-long disruption to UOB's TMRW mobile app was not the result of a cyberattack or breach, the bank told The Business Times on Sunday (Feb 6).

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