Singapore Makes Its Largest Bank Take a Technology Timeout
City’s monetary authority penalized DBS Group after repeated digital-banking service disruptions
Source: wsj.com
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City’s monetary authority penalized DBS Group after repeated digital-banking service disruptions
By P.R. Venkat DBS Group's second-quarter net profit rose 45% on year, supported mainly by higher net interest income and fees. Net profit for the quarter...
Emerging market financial sectors are more consolidated and careful about matching assets to liabilities than the U.S. and Europe.