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DBS CEO Piyush Apologises for Embarrassing Disruption, Sets up Committee to Investigate

DBS apologises for embarrassing service outage that MAS found unacceptable

SINGAPORE – DBS Bank has apologised to its shareholders and customers for disruptions to its digital banking services. Singapore’s largest bank said during its annual general meeting (AGM) on Friday that it will also set up a special board committee to look into the cause of the disruptions, which left many of its customers unable to carry out their online.

Multiple new permanent secretary appointments in Singapore; 2 veterans retire

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