DBS

The claim is filed by several entities and their liquidators in relation to the scandal hit Malaysian sovereign wealth fund.

Net profit at the Singapore bank fell 10% in Q4 amid rate headwinds, higher tax expenses and the absence of non-recurring gains; annual revenue in FY 2025 climbed to a record high of S$22.9bn.

Shilpa Gulrajani, DBS' head of sustainable finance, institutional banking, offered her thoughts on how capital markets are aligning with the region’s transition needs, including green loans and blended finance, on the sidelines of Ecosperity Week.

The money raised from the 3.5% notes, due in 2030, will go towards the data infrastructure firm's green projects such as energy efficiency at its data centres across Apac; DBS, Standard Chartered, HSBC and OCBC helped secure the bond.

DBS' group head of institutional banking has also become deputy CEO, before succeeding current CEO Piyush Gupta in March 2025; first half net profit climbed 9% to $4.35bn.

Singapore-based Lee, who has been recently promoted to the bank's global head of investment banking, told FA how private credit is becoming an attractive option for Asia's SMEs.

Net profit climbed 26% to $7.67 billion last year, but the CEO and some other members of the management committee took a pay cut after MAS took action against the bank over outages.

The $700 million loan secured by PT SMI signals a growing market for sustainable infrastructure development, as banks seek to support Indonesia’s transition to net zero.

The Singaporean bank has acquired Citi’s Taiwanese consumer franchise following plans announced at the start of 2022.