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DBS expects lower income growth in 2H; CEO Gupta downplays threat from digital banks

SINGAPORE (July 29): DBS Group Holdings may have achieved 11% growth in total income of $7.26 billion and 12% growth in net profit of $3.254 billion for 1HFY2019 but these growth rates may not be repeated in the second half, cautions CEO Piyush Gupta.

Startups, Entrepreneurs, Digital economy

UK online lender bucks Brexit with US$100 mil funding from investors including Temasek

(Jan 12): British peer-to-peer lenders were bracing for disaster when the UK voted to quit the European Union on June 23. Maybe they needn’t have worried.
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