Tag Archives: DBS

“CEO Compensation Slashed by Millions at Singapore’s Largest Bank Due to Digital Banking Disruption”

DBS CEO's Pay Slashed After Digital Banking Outages; Profit Falls Short of Expectations

DBS Group Holdings Limited, Singapore's largest bank, faced a setback in its fourth-quarter profit, falling short of analyst predictions, amidst pressures on margins. The notable decline in profitability has led to significant adjustments in Chief Executive Officer Piyush Gupta's compensation, attributed to the digital banking disruptions experienced last year.

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