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Top News In Banks And Financial Institutions Today - Breaking & Trending Today

UOB hands out one-off extra month of bonus to junior staff

Singapore News - UOB will provide its junior employees an extra month of bonus on a one-off basis to help them cope with rising costs of living, joining local peers DBS Bank and OCBC Bank in doing so. Singapore’s third-largest bank will pay the additional bonus to about 6,000 employees. Read more at www.tnp.sg ....

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Dr. Vivek Joshi IAS Cyber Security Meet DFS: DFS Secretary chairs meet on cyber security, ET Telecom

Dr. Vivek Joshi IAS Cyber Security Meet DFS: The meeting took stock of the action points which emerged during the discussion in the last meeting and reviewed the preparedness of the banks and other financial institutions in tackling the challenges arising from cyber security in the financial services sector, increasing trend of digital payment frauds, and readiness of all the concerned stakeholders in this regard. ....

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DBS CEO Piyush Gupta takes 30% cut in 2023 variable pay

Singapore News - The 2023 variable compensation for DBS Group Holdings chief executive officer Piyush Gupta and other members of the lender’s group management committee has been cut to hold them accountable for the series of digital disruptions in 2023. Mr Gupta took a deeper cut of 30. Read more at www.tnp.sg ....

Piyush Gupta , Group Holdings , Monetary Authority Of Singapore , Monetary Authority , Banks And Financial Institutions ,