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DBS Group Holdings Ltd., led by CEO Piyush Gupta for over 13 years, faces the challenge of finding a successor who can maintain the bank s success and emulate Gupta s leadership. The bank s recent online banking disruptions have raised concerns, but industry observers believe Gupta s legacy remains intact. DBS has undertaken a major leadership reorganization, but there is no clear favorite to inherit Gupta s position. ....
DBS Bank India, has appointed Rajat Verma as managing director and head of institutional banking. Verma, who was previously with HSBC India will be taking over from Niraj Mittal, who is moving to Australia to take charge as the country head of DBS Bank. Under Verma, the bank aims to increase digitisation and deliver better value for customers. ....
(Bloomberg) A senior banker at Citigroup Inc. said lenders need to accept so-called pause clauses to let struggling sovereign borrowers temporarily halt debt payments if they’re hit by a catastrophe.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Five-Star Hotel Guest Leaves Without Paying After 603-Night StayUS Navy Detected Titanic Submersible’s Implosion Days AgoUS Treasury Secretary Yellen See ....