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DBS cuts CEO Gupta's pay by 30 per cent due to digital disruptions suffered by customers in 2023

DBS, Singapore s leading corporate group, has reduced CEO Piyush Gupta s variable pay by 30% due to digital disruptions experienced by the bank s customers. The CEO and other members of the management committee took a 21% reduction in their variable pay. DBS suffered disruptions to its digital banking services, leading to regulatory actions. ....

Piyush Gupta , Group Management Committee , Monetary Authority Of Singapore , Chief Executive Officer Piyush Gupta , Channel News Asia , Monetary Authority , Southeast Asia , Digital Disruptions , Ceo Pay , Dbs Ceo Pay ,

SINGAPORE DBS Group Holdings said on Wednesday that it had cut the pay of senior management after a series of digital banking failures dogged Singa ....

Piyush Gupta , Group Holdings , Singapore S , Ceo S ,

Singapore's DBS to merge capital markets, brokerage with treasury markets

SINGAPORE: Singapore's largest lender DBS Group said on Friday (Feb 2) it will merge its equity capital markets, brokerage and digital exchange with its existing treasury markets business, with the new group renamed Global Financial Markets (GFM) effective Mar 1. DBS, which is also the biggest bank in Sout ....

Clifford Lee , Piyush Gupta , Kenneth Tang , Vickers Group , Global Financial Markets , Southeast Asia , Eng Kwok Seat Moey ,

Indian Oil unit to raise $100 million loan from DBS in first GIFT deal

IOC Global Capital Management IFSC Limited (IGCMIL), the wholly owned unit of Indian Oil, will use the funds to refinance the parents existing external commercial borrowing. ....

Anuj Jain , Shrikant Madhav Vaidya , Bank Singapore , Indian Oil , Indian Oil Corp , Capital Management , Gift City , Dbs Bank ,