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More than S$5.4 billion set aside in 61,000 'money lock' bank accounts

The Monetary Authority of Singapore will work with the banks to continue encouraging adoption of the new “money lock” feature, says Minister of State for Trade and Industry Alvin Tan.

Singapore , Industry-alvin-tan , Monetary-authority-of-singapore , Dbs , Ocbc , Uob ,

DBS customers now able to 'lock up' funds in existing accounts

Existing DBS and POSB customers who wish to utilise the digiVault feature no longer need to open a designated account.

Singapore , Jeremy-soo , Dbs , Scams , Posb , Banking ,

Pacemaker for brain helped woman with crippling depression; soon may be available widely

Science News: Deep brain stimulation (DBS) shows promise in treating depression that resists other treatments. Researchers are studying the effectiveness of tailore

California , United-states , Vietnam , Republic-of , San-francisco , New-york , America , Vietnamese , Americans , Brian-kopell , Martijn-figee , Emily-hollenbeck

Rise in sustainability-linked loans by banks to SMEs, as segment seeks help in decarbonisation efforts

Smaller firms are hesitant to invest in green initiatives as they are unsure if they can get a good return on investment, especially for infrastructure projects like installing solar panels and water recycling systems.

Singapore , Alex-teo , Smes , Sustainable-financing , Uob , Dbs , Ocbc ,

Commentary: What DBS CEO Piyush Gupta's 30% variable pay cut says about accountability

Singapore banks rely heavily on "pay for performance" practices to reward senior management. They must ensure that remuneration policies drive the right behaviour, says NUS corporate governance expert Mak Yuen Teen.

Asia-pacific , Dbs , Bank , Salary , Piyush-gupta ,

Commentary: Low interest rates of 'money lock' are a disservice to bank customers

Considering how Singapore is a prime target for scammers, it is disappointing that bank customers are being asked to choose between security and higher interest rates, says finance blogger Dawn Cher.

Singapore , Money-lock , Bank , Scams , Dbs , Uob , Ocbc ,

DBS' Piyush Gupta is running out of time

DBS' Piyush Gupta is running out of time
deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.

Taiwan , China , Citigroup-inc , Opinion , Piyush-gupta , Dbs , Singapore , Dbs-ceo , Dbs-ceo-piyush-gupta ,

Singapore's DBS maintains 2024 guidance, Q4 profit beats forecasts

SINGAPORE: Mr Piyush Gupta, the DBS chief executive officer, had his variable pay cut by 30 per cent in 2023, as a result of the digital disruptions experienced by the bank's customers. This amounted to S$4.14 million (US$3.08 million), announced DBS on Wednesday (Feb 7) as part of its quarterly earnings s

Singapore , Piyush-gupta , Executive-officer-piyush-gupta , Southeast-asia , Dbs ,

DBS CEO Piyush Gupta takes 30% cut in 2023 variable pay

Singapore News - The 2023 variable compensation for DBS Group Holdings chief executive officer Piyush Gupta and other members of the lender’s group management committee has been cut to hold them accountable for the series of digital disruptions in 2023. Mr Gupta took a deeper cut of 30... Read more at www.tnp.sg

Singapore , Piyush-gupta , Group-holdings , Monetary-authority-of-singapore , Monetary-authority , Dbs , Anks-and-financial-institutions , Isruption , Alaries , Eo ,

DBS chief Piyush Gupta's variable pay cut by 30% over digital disruptions

SINGAPORE: Mr Piyush Gupta, the DBS chief executive officer, had his variable pay cut by 30 per cent in 2023, as a result of the digital disruptions experienced by the bank's customers. This amounted to S$4.14 million (US$3.08 million), announced DBS on Wednesday (Feb 7) as part of its quarterly earnings s

Singapore , Southeast-asia , Dbs ,