Piyush Gupta

DBS basks in rates glow

SINGAPORE (Apr 30): For a lender with a strong deposit-taking franchise, nothing is more pleasing than when interest rates start climbing.

DBS shares gain to record after quarterly profit beats estimates

SINGAPORE (apr 30): DBS Group Holdings, Southeast Asia’s largest lender, delivered a decade-high return that came along with above-expectations quarterly profit. The stock gained over 2%.

Fintech

What does it say about DBS when it organises a hackathon to recruit 100 budding technologists?

SINGAPORE (Mar 29): It tells you something about the priorities of Southeast Asia's largest bank when it announces a hackathon to quickly recruit 100 budding technologists.
DBS Piyush Gupta. Photo by Chan Chao Peh.

Fintech

DBS rides on digital drive to overtake Singtel as most valuable Singapore company

SINGAPORE (Nov 22): DBS Group Holdings has overtaken Singtel as the largest company incorporated in Singapore by market value, with the lender putting forward numbers to show progress and better returns from its digitisation efforts.

Update

DBS wins Reserve Bank of India approval to start subsidiary banking operation

MUMBAI (Sept 5): Singapore’s biggest lender DBS Group Holdings has won the Reserve Bank of India’s (RBI) approval to provide banking services in the country through a wholly-owned subsidiary, its CEO said on Monday.

DBS CEO says wealth management to account for a fifth of bank's revenue

SINGAPORE (March 2): DBS Group Holdings expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20% of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's larg

Broker's Calls

Is DBS really past the worst of its O&G loan woes?

SINGAPORE (Feb 17): DBS Group chief executive officer Piyush Gupta believes the bank has seen the worst of its woes from loans to troubled companies in the oil and gas support services sector.
Monetary Authority of Singapore (MAS) Managing Director Ravi Menon

MAS aims to harness technology in curbing shady money flow

SINGAPORE (Aug 24): Even as the Monetary Authority of Singapore (MAS) tries to grow the emerging fintech sector, it is recognising that regulators such as themselves can pick up a new skill or two in keeping pace with changes within the financial industry
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