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Page 10 - வங்கிகள் மற்றும் நிதி நிறுவனங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

25% of DBS SME clients still deferring repayments on loans amounting to $1 billion

The Straits Times DBS Group reported a 33 per cent plunge in fourth-quarter earnings to $1.01 billion.PHOTO: ST FILE PublishedFeb 10, 2021, 8:44 pm SGT https://str.sg/JrrE They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go!

Joint accounts: Is that my money or yours?

Longest-reigning bank CEO in Europe has one of its worst records

PARIS (BLOOMBERG) On a cold day in January last year, Societe Generale s board met at the headquarters of its Russian unit Rosbank, a modern building in central Moscow angled around a cylindrical glass structure. The annual gathering was being held there to honor the unit s strong performance in 2019, but things quickly turned sour: CEO Frederic Oudea had an off-agenda item to discuss. Just weeks earlier, Bloomberg reported that the board had hired head-hunting firm Egon Zehnder to search for potential candidates to eventually succeed Mr Oudea. Stepping up in front of the gathering that included chairman Lorenzo Bini Smaghi, Mr Oudea seethed that such leaks were unacceptable and warned that there would be consequences for anyone involved. An uneasy silence fell over the room as Mr Oudea berated the gathering, people with knowledge of the meeting said, signaling the power he held over the board members who are meant to oversee him.

CAD, MAS launch joint probe into CoAssets group companies

The Straits Times CAD, MAS launch joint probe into CoAssets group companies The joint investigation stems from complaints and feedback received from members of the public regarding suspected misconduct by CoAssets group companies.PHOTO: ST FILE https://str.sg/JKym They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

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