DBS third-quarter net profit falls 5% on year, misses forecasts

DBS third-quarter net profit falls 5% on year, misses forecasts

The bank on Thursday appointed independent board director Anthony Lim as chairman from Jan 1, 2027, succeeding Peter Seah, who will step down after 16 years in the role.

DBS chairman Peter Seah to retire with effect from Jan 1, 2027; Q3 net profit slips 5% to $2.8b

Board member Anthony Lim who has served on the DBS board since April 2020 will be taking over. Read more at straitstimes.com.

DBS Q3 profit falls 5% to S$2.81 billion on weaker trading income; misses forecasts

The bank pays 81 cents in dividends for the period Read more at The Business Times.

DBS Profit Misses Estimates on Trading Income, Names Lim Chair

DBS Group Holdings Ltd. posted quarterly earnings that missed analyst estimates, as a tumble in markets trading income dampened gains from lending and wealth. The bank also announced a new chairman.

Singapore's DBS warns of uncertain outlook as market volatility drives Q3 profit miss

DBS names Anthony Lim chairman as Peter Seah retires after 16 years

DBS has appointed existing board member Anthony Lim as its next chairman, effective 1 January 2027, succeeding Peter Seah.