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DBS chief says China pessimism not overdone , upbeat about India

SINGAPORE : DBS Group Chief Executive Piyush Gupta said current widespread pessimism about China's economy was not "overdone" but he was upbeat about India, where the bank plans to triple its business in the next five years. "There's some real headwinds in China in the short-term", he told a Reuters Newsmaker

DBS CEO says China pessimism not overdone , but upbeat about India

CEO Piyush Gupta added that the bank expected net inflows to be "pretty strong" going forward. Read more at straitstimes.com.

DBS to boost investments, hiring in China s greater bay area

DBS Group Holdings Ltd., Southeast Asia’s largest bank, will increase investment and hiring in China’s Greater Bay Area as it expects growth in the region to outpace the rest of the country, according to the lender’s head of North Asia.

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