[ad_1] Singapore’s financial regulator banned DBS Group Holdings Ltd. from acquiring new business ventures for six months and the bank will hold senior management accountable after a spate of digital…
Tag: Piyush Gupta
DBS Has $74 Million Exposure to Singapore Laundering Scandal
[ad_1] DBS Group Holdings Ltd.’s exposure to a money laundering scandal in Singapore is about S$100 million ($74 million), mainly from financing properties of those arrested in one of the…
Singapore’s DBS posts record Q1 profit, expects margins to decline as rates peak
[ad_1] SINGAPORE: DBS Group posted record first-quarter profit, with Singapore’s biggest bank saying it had benefited from inflows from depositors seeking a safe haven amid the global banking turmoil, and…