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DBS CEO Gupta sells $1.75 mil worth of DBS shares via market transaction


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Piyush Gupta, the CEO of DBS Group Holdings, has sold $1.75 million worth of DBS shares via market transaction.

 

According to a filing on SGX, Gupta, on May 20, sold 58,900 DBS shares at $29.75 per share.

 

Gupta now holds a 0.085% stake in DBS comprising 2.17 million shares, from 0.087% or 2.23 million previously.

 

Shares in DBS closed 21 cents higher or 0.7% up at $29.83 on May 21.

 

https://www.theedgesingapore.com/news/banking-finance/dbs-ceo-gupta-sells-175-mil-worth-dbs-shares-market-transaction

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DBS can fund $2 billion for Citi India's assets, Bernstein analysts say

DBS CEO Piyush Gupta had said that he is interested in the U.S. bank's assets that are for sale in India, as well as in China, Taiwan and Indonesia.

Topics
Citibank | DBS | Assets

Chanyaporn Chanjaroen | Bloomberg  Last Updated at May 20, 2021 12:41 IST

DBS Group Holdings Ltd. has sufficient capital to bid for Citigroup Inc.’s consumer assets in India valued at S$2.7 billion ($2 billion) without needing to raise additional funds, Sanford C. Bernstein & Co. analysts said.

It’s a case of “either go big or go home” for DBS to further expand in India where the Singapore-based bank also acquired Lakshmi Vilas Bank Ltd. in November, Bernstein analysts led by Kevin Kwek wrote in a report Thursday. DBS Chief Executive Officer Piyush Gupta last month said he is interested in the U.S. bank’s assets that are for sale in the South Asian country, as well as in China, Taiwan and Indonesia.

 
https://www.business-standard.com/article/companies/dbs-can-fund-2-bn-citi-india-asset-without-raising-additional-funds-121052000421_1.html
 
 
Because of this ah???? :hehe:
 
Senpai @socrates469bc  KYM?
 
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12 hours ago, Bigbird said:

DBS can fund $2 billion for Citi India's assets, Bernstein analysts say

DBS CEO Piyush Gupta had said that he is interested in the U.S. bank's assets that are for sale in India, as well as in China, Taiwan and Indonesia.

Topics
Citibank | DBS | Assets

Chanyaporn Chanjaroen | Bloomberg  Last Updated at May 20, 2021 12:41 IST

DBS Group Holdings Ltd. has sufficient capital to bid for Citigroup Inc.’s consumer assets in India valued at S$2.7 billion ($2 billion) without needing to raise additional funds, Sanford C. Bernstein & Co. analysts said.

It’s a case of “either go big or go home” for DBS to further expand in India where the Singapore-based bank also acquired Lakshmi Vilas Bank Ltd. in November, Bernstein analysts led by Kevin Kwek wrote in a report Thursday. DBS Chief Executive Officer Piyush Gupta last month said he is interested in the U.S. bank’s assets that are for sale in the South Asian country, as well as in China, Taiwan and Indonesia.

 
 
 
Because of this ah???? :hehe:
 
Senpai @socrates469bc  KYM?
 

 

theres a reason why many banks r withdrawing from cecaland.

 

https://www.inventiva.co.in/stories/tamanna/why-do-foreign-banks-want-to-withdraw-from-india-is-it-difficult-to-transfer-money-from-india-to-overseas-banks-check-details/

 

song bo?????

 

Preeta Sivadas - Head of Corporate Customer Centre (DBS BusinessCare) - DBS  Bank | LinkedIn

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12 hours ago, socrates469bc said:

 

 

So dont u think its strange that the poopies is so in love with Ceca and keep pumpinbg our $$$$ in there!?!?!?  

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14 hours ago, Satki said:

so Lee family is more stable?

 

 

 

 

LKC has a very strict set of rules governing his fortune.

 

Logo_Lee_Foundation - ASEF Classroom Network (ASEF ClassNet)

 

whereas shaw family, despite not being super rich, has...........

 

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