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
Source: nikkei.com
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DBS board holds CEO Piyush Gupta accountable for digital disruptions, cuts pay by 30%
DBS CEO Piyush Gupta will get a 30% cut in variable pay this year which amounts to $3.08 million
Source: livemint.com
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
Source: channelnewsasia.com
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.
Source: indiatimes.com
FDA frees Abbott's Liberta RC DBS system for use
Abbott Laboratories received U.S. FDA clearance for its Liberta RC deep brain stimulation (DBS) system for use in movement disorders, less than two weeks after the agency gave its nod to Medtronic’s Percept RC DBS system. The news come on the heels of Abbott’s release of strong fourth quarter results on Wednesday.
Source: bioworld.com