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Singapore's DBS bank confident of 15%-17% ROE in next 3-5 years, CEO says

Singapore's biggest bank
DBS Group is confident of achieving a return on equity
of 15% to 17% in the medium term or over the next three to
five years, its chief executive said on Thursday.
...

Shenzhen , Guangdong , China , Singapore , India , Piyush-gupta , Yantoultra-ngui , Reuters , China-shenzhen-rural-commercial-bank , Southeast-asia , Shenzhen-rural-commercial-bank , Miral-fahmy

DBS bank confident of 15%-17% ROE in next 3 to 5 years, CEO says

DBS bank confident of 15%-17% ROE in next 3 to 5 years, CEO says
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

China , Shenzhen , Guangdong , India , Piyush-gupta , China-shenzhen-rural-commercial-bank , Reuters , South-east-asia , Shenzhen-rural-commercial-bank ,

DBS to raise stake in China's Shenzhen Bank

DBS to raise stake in China's Shenzhen Bank
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DBS to raise stake in China's Shenzen Bank in $285m deal

DBS Group Holdings said on Friday it was raising its stake in China's Shenzhen Rural Commercial Bank in a S$376 million ($284.72 million) deal.

Shenzhen , Guangdong , China , Chinese , Shenzhen-huaqiang-asset-management-group , Shenzhen-rural-commercial-bank , Dbs-group-holdings , Greater-china , Southeast-asia ,

Singapore's anti-money-laundering regime is sound: DBS CEO Piyush Gupta

DBS Group CEO Piyush Gupta has stated that Singapore's anti-money-laundering regime is robust, with banks investing heavily in anti-fraud technology. However, Gupta noted that no system is foolproof. Major banks in Singapore have recently been linked to a large money-laundering case. Despite this, Gupta believes that banks have become more cautious since the global financial crisis, investing in technology such as artificial intelligence (AI) to better understand customers and detect suspicious transactions.

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Singapore's anti-money-laundering regime is sound, says banker Gupta

Singapore's anti-money-laundering regime is sound, says banker Gupta
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DBS chief says China pessimism not 'overdone', upbeat about India | Hellenic Shipping News Worldwide

DBS chief says China pessimism not 'overdone', upbeat about India | Hellenic Shipping News Worldwide
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Singapore's anti-money-laundering regime is sound, says banker Gupta

Singapore's anti-money-laundering regime is sound, says banker Gupta
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United-states , China , Taiwan , Malaysia , India , Singapore , Shenzhen , Guangdong , Chinese , Su-haijin , Piyush-gupta , Citigroup

DBS chief says China pessimism not 'overdone' but upbeat about India prospects

DBS chief says China pessimism not 'overdone' but upbeat about India prospects
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Singapore , China , Shenzhen , Guangdong , India , Chinese , Piyush-gupta , Edwina-gibbs , Scott-murdoch , Fanny-potkin , Yantoultra-ngui , Reuters

DBS chief says China pessimism not 'overdone', upbeat about India

SINGAPORE : DBS Group Chief Executive Piyush Gupta said current widespread pessimism about China's economy was not "overdone" but he was upbeat about India, where the bank plans to triple its business in the next five years. "There's some real headwinds in China in the short-term", he told a Reuters Newsmaker

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