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DBS Group, Piyush Gupta: Biggest Singapore Bank Cuts CEO s Pay By Millions After Outage Hits Profit

DBS Group Holdings Limited's fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta's compensation got hit due to digital disruptions

Piyush guptaBiggest singapore bank cutsChinese banking corpGroup holdingsUnited overseas bank ltdMonetary authority of singaporeMillions after outage hits profitHoldings limitedChief executive officer piyush guptaUnited overseas bankOversea chinese banking corpMonetary authorityDbs bankSingapore banking outagesSingapore banks

HDFC Bank seeks Singapore bank license to grow overseas

HDFC Bank, India s largest private sector lender, is seeking approval for a banking license in Singapore. The bank aims to tap into the Indian diaspora in Singapore for savings and term deposits, as well as cross-sell products like mortgages. HDFC Bank already has a presence in London, Hong Kong, and Bahrain. With a customer base of 93 million, the bank is expanding its reach overseas after a merger with Housing Development Finance Corp. last year.

City ofUnited kingdomHong kongBank ltdHousing development finance corpAssociation of banksHdfc bank ltdChina ltdMonetary authority of singaporeHousing development financeMonetary authorityHdfc bankHdfc bank branchesHdfc bank singapore licenseSingapore banksHdfc bank overseas growth

DBS Group: A Solid Bank, But Limited Catalysts In The Near Term (OTCMKTS:DBSDF)

DBS Group: A Solid Bank, But Limited Catalysts In The Near Term (OTCMKTS:DBSDF)
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Singapore bankUnited overseas bankMonetary authority of singaporeBanking collapseCommon equityCapital adequacy ratioMonetary authorityTan yongSingapore banks cost to income ratiosSingapore banks

United Overseas Stock: Attractive Growth Potential And Dividend Yield (OTCMKTS:UOVEF)

United Overseas Stock: Attractive Growth Potential And Dividend Yield (OTCMKTS:UOVEF)
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Republic ofUnited overseas bankUnited overseas bank limitedCiti group consumer banking acquisitionBank capital position and asset qualitySeeking alphaYoung investor analyticsDigital dataFinancial chartOverseas bank limitedSouth east asianRisk weighted assetsCapital adequacy ratioSingapore banksSingapore banks forward dividend yield

UN report: MAS says Singapore banks will not facilitate arms sales to Myanmar; MFA welcomes info to aid probe

SINGAPORE, May 20 Banks in Singapore will not facilitate the sale and transfer of arms to Myanmar given the government's ban on such transactions, the Monetary.

United statesVivian balakrishnanTom andrewsUnited nationsForeign affairsMonetary authority of singaporeMinistry of foreign affairsUnited overseas bankAssociation of southeast asian nationsMonetary authorityRapporteur tom andrewsSpecial rapporteurUnited nations general assemblyForeign affairs minister vivian balakrishnanRapporteur andrewsSoutheast asian nations