Piyush Gupta

Global Economy

Covid-19 pandemic 'biggest crisis' in last 70 years, y-o-y recovery may have to wait till 2021, says DBS CEO Gupta

DBS Group CEO Piyush Gupta says the global outbreak is the “single biggest crisis” he has seen. In terms of impact, Gupta says the world has not seen anything like “the height of dimensions of this crisis… from an economic standpoint”.

Hong Kong protests

DBS widens allowances for Hong Kong operations amid political turmoil; earnings hit

SINGAPORE (Nov 11): While DBS Group Holdings CEO Piyush Gupta is confident of the bank’s prospects in Hong Kong, the political turmoil there has prompted the bank to take a prudent approach for its operations in the territory.

Company in the news

DBS CEO Piyush Gupta named among world’s top 100 best-performing CEOS

SINGAPORE (Oct 29): Piyush Gupta, the chief executive officer of DBS Bank, has become the first Singapore CEO to been named among the top 100 best-performing CEOS by the Harvard Business Review (HBR).

Zest

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.

US-China trade war

US-China tensions similar to Athens-Sparta rivalry, says DBS CEO Piyush Gupta

SINGAPORE (July 4): Unresolved tensions between the US and China today can be likened to the great rivalry between the ancient Greek cities of Athens and Sparta, according to DBS Group Holdings CEO Piyush Gupta.

Results

DBS chief sounds cautious note, but expects modest growth this year

SINGAPORE (Feb 18): Looking to the future, DBS CEO Piyush Gupta sounded a cautious note. For one, mortgage bookings have fallen by 30% to 40% since additional cooling measures were announced in July last year, he said. However, loan growth should continue

Fintech

DBS CEO says fintech firms need more scrutiny by regulators

(Sept 6): Regulators need to increase their scrutiny of non-bank firms that are moving into the financial business, according to the chief executive officer of DBS Group Holdings, Southeast Asia’s largest lender.

Fintech

Singapore aims to reduce cash transactions, eliminate cheques amid e-payments push

SINGAPORE (June 21): Singapore is pushing ahead with the embracing of electronic payments, with plans in the pipeline to lower its dependency on cash as well as eliminate cheques.
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