Among the recent recruits to the north Asia desk — which largely covers mainland China but also Hong Kong and Taiwan — are Gloria Sun, who previously ran Deutsche Bank’s north Asia team, and Raymond ...
DBS doubles down on sustainability commitments even as large US banks retreat
Bank's sustainable financing commitments jumped 27 per cent to $89 billion as at end-2024. Read more at straitstimes.com.
Piyush Gupta reflects on his 15 years as DBS CEO as he prepares to hand reins to Tan Su Shan
DBS chief executive officer Piyush Gupta will be handing over the reins to deputy CEO Tan Su Shan on Mar 28, as he retires after 15 years at the helm. Read more at The Business Times.
DBS CEO Piyush Gupta’s salary reaches S$17.6 million amid record-breaking 2024 performance
Outgoing DBS CEO Piyush Gupta earned S$17.6 million in 2024, reflecting a 14.3% increase from 2022, as DBS posted record profits and shareholder returns. The bank expanded its digital and AI ...
DBS CEO Gupta’s pay rises in 2024 after strong earnings
DBS Group Chief Executive Officer Piyush Gupta took home a total of S$17.6 million ($13.22 million) for 2024, after the banking giant reported a surge in profit margins and unveiled a dividend capital ...
DBS chief Piyush Gupta’s pay rises to $17.6 million in 2024 after bank’s record earnings
SINGAPORE - Outgoing DBS chief executive Piyush Gupta received $17.6 million in total pay for 2024, higher than what he took home in 2023, according to the bank’s annual report released on March 6.
DBS outgoing CEO Gupta gets $13 million in ‘another banner year’
DBS Group raised Chief Executive Officer Piyush Gupta’s total remuneration for 2024 by 56%, citing the bank’s record profits, standout wealth business and strengthened technology.
DBS’s CEO Piyush Gupta earns $17.6 mil in FY2024 after another year of record earnings
DBS Group Holdings’ CEO Piyush Gupta has earned $17.58 million in FY2024 after delivering another record set of earnings of the bank during the year.
DBS updates transition finance framework, remains ‘committed’ to climate action amid backtracking among banks
While there have been some setbacks in global climate commitments, DBS remains committed to supporting climate action for a low-carbon and climate-resilient economy,” says DBS CEO Piyush Gupta.
Singapore officials warn against crypto
The Singapore Minister of State for Home Affairs, Sun Xueling, has urged the population not to invest in cryptocurrencies as the number of associated scams has increased. Speaking in parliament on the ...
Will AI threaten your bank job? Customer service, compliance roles at higher risk, recruiters say
DBS said last week that it may not renew 4,000 contract and temporary jobs over the next three years due to artificial intelligence advancements.
Singaporean woman opened bank accounts that received over S$711mil, admits not knowing sources of funds
SINGAPORE: A woman has admitted in court that she did not know the sources of hundreds of millions of dollars that were transferred to her firm's three corporate bank accounts.
Singapore banks face margin squeeze despite strong results: Moody’s
Looking ahead to 2025, Moody’s said banks may expect mid- to high-single-digit loan growth. Singapore’s three largest banks—DBS, OCBC, and UOB—posted strong financial results in 2024, maintaining ...
Singapore tech group Sea’s finance arm emerges as key profit driver
The fintech business, SeaMoney, which offers digital payments, credit and banking services, posted an operating profit of $657 million last year, up 34% from 2023, contributing to a threefold increase ...
Here’s the prize money payout for each golfer at the LPGA’s 2025 HSBC Women’s World Championship
The LPGA’s latest Hall of Famer has showed no signs of slowing down, dominating the HSBC Women’s World Championship to win her 23rd career LPGA title. She collected the $360,000 first-place prize money payout at Sentosa Golf Club in Singapore, topping both Ayaka Furue and Jeeno Thitikul by four shots.
Singapore banks return capital but draw mixed sentiments; earnings stay resilient in Q4
Investors were divided over the respective capital return plans of DBS, UOB and OCBC, which come as they attempt to lower excess capital resulting from changes to global bank capital requirements.