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MAS mulls supervisory action on DBS for tech outage

SINGAPORE - Singapore's central bank said on Wednesday (Nov 24) that it will consider taking "supervisory action" on DBS Group Holdings Ltd after the Singapore bank's online banking services faced disruption for the second consecutive day. "This is a serious disruption and the Monetary Authority of Singapore (MAS) expects DBS to conduct a thorough investigation to identify the root causes and...
Hong Kong Shee Tse Koon Samson Joseph Piyush Gupta Monetary Authority Of Singapore Group Holdings Ltd

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