ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

DBSDY DBS Group Holdings Ltd (PK)

104.83
-0.17 (-0.16%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
DBS Group Holdings Ltd (PK) USOTC:DBSDY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.17 -0.16% 104.83 103.63 105.88 108.31 104.18 108.31 22,749 21:05:37

Singapore Designates Seven Banks as 'Systemically Important'

30/04/2015 1:27pm

Dow Jones News


DBS (PK) (USOTC:DBSDY)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more DBS (PK) Charts.
By Gaurav Raghuvanshi 

Singapore's central bank Thursday named seven local and international banks that it considers "systemically important" to the island nation and said that it would increase supervision of them.

The banks named by the Monetary Authority of Singapore in its initial list include Citibank, Standard Chartered Bank, Hongkong and Shanghai Banking Corp. among the international banks. In addition, three local banks-- DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank--and Malaysia's Malayan Banking Bhd. are also on the first list.

The identified banks will be required to locally incorporate their retail operations and will be subjected to higher capital requirements, the Authority said.

These banks are "assessed to have a significant impact on the stability of the financial system and proper functioning of the broader economy," the Authority said. All banks in Singapore will be assessed for their systemic importance annually based on several factors including their size, interconnectedness and complexity, it said.

Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com

Access Investor Kit for Standard Chartered Plc

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=GB0004082847

Access Investor Kit for HSBC Holdings Plc

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=GB0005405286

Access Investor Kit for Standard Chartered Plc

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=INE028L21018

Access Investor Kit for Malayan Banking Bhd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=MYL1155OO000

Access Investor Kit for DBS Group Holdings Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=SG1L01001701

Access Investor Kit for United Overseas Bank Ltd. (Singapore)

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=SG1M31001969

Access Investor Kit for Oversea-Chinese Banking Corp. Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=SG1S04926220

Access Investor Kit for DBS Group Holdings Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US23304Y1001

Access Investor Kit for HSBC Holdings Plc

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US4042804066

Access Investor Kit for United Overseas Bank Ltd. (Singapore)

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US9112713022

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year DBS (PK) Chart

1 Year DBS (PK) Chart

1 Month DBS (PK) Chart

1 Month DBS (PK) Chart