With less than five months left before the leadership transition at DBS, the group notched up a major achievement, as its third-quarter 2024 net profit crossed SGD 3 billion for the first time — the Q3 net profit rose 15 per cent from a year ago and 8 per cent from the previous quarter to reach SGD 3.03 billion.
Tag: DBS
Singpass abuse by scammers: Panel wants minimum of 6 months’ jail term for people who hand over credentials
It has come to light in recent months that many, many people in Singapore have been letting scammers use their Singpass or banking credentials to prey on victims. Huge amounts of money have been lost as a result.
DBS Bank leadership transition: Piyush Gupta to be succeeded by Tan Su Shan as CEO in March 2025
When Tan becomes CEO, the DBS Group will have its first ever female chief executive. Her past roles have been at Morgan Stanley and Citigroup.
DBS CEO Piyush Gupta says Trump is a dealmaker, and that could help China
The DBS CEO made the statement during an interview at the Reuters NEXT forum in Singapore on Tuesday.
3 arrested and SGD 1.28 million seized in joint anti-scam ops by Singapore Police and DBS
These developments came after weeklong operations against corporate money mules.
Singapore man faces 7 years in prison for making 30 bomb hoax calls to DBS Bank
The Singapore Police Force arrested the man within hours of getting a complaint from DBS; the accused is being charged in court.
Piyush Gupta: DBS CEO sells bank shares worth SGD 2.67 million
The transaction was made on May 3, just a day after DBS Group announced a rise in its net profit in the first quarter of 2024.
DBS resumes all business after MAS restriction ends; vows to keep focus on tech resilience
MAS said that the six-month pause on DBS Bank’s non-essential activities was to ensure that the bank kept a sharp focus on restoring the resilience of its digital banking services.
Singapore Police and DBS report 219 phishing victims and SGD446,000 in losses in January 2024
Singapore has been seeing regular headlines on various types of digital scams, including banking scams. Now, the Singapore Police Force and DBS Bank have issued a joint statement to alert the public to rampant phishing.
DBS Foundation gives SGD 1 million to support financial and digital literacy for persons with disabilities
The DBS Foundation, which works to bring about social uplift through positive changes in business and communities, has tied up with SG Enable, the focal agency for disability and inclusion in Singapore, in order to accelerate financial and digital literacy for persons with disabilities.
