DBS, the largest bank in Singapore, has reduced the annual compensation of its CEO Piyush Gupta by 30% due to a series of disruptions in its digital banking services last year, as noted by commentator @andymukherjee70. Despite the strong overall performance, these service outages have tarnished the bank's reputation, challenging its aspiration to be seen as a tech powerhouse.
Service outages marred an otherwise strong year for Singapore's largest lender @andymukherjee70 writes (via @opinion). For a bank that wants to be seen as a tech powerhouse, DBS needs to do a better job. https://t.co/TKKpNctSqs
🇵🇭Philippine digital #banks' growing pains: Despite the #Philippines’ large unbanked population and geography that favors branchless #banking, its digital lenders have yet to significantly disrupt the market. In fact, as it stands now, their market share appears to be a drop in… https://t.co/kX4m44dq4u
Service outages marred an otherwise strong year for Singapore's largest lender @andymukherjee70 writes. For a bank that wants to be seen as a tech powerhouse, DBS needs to do a better job. https://t.co/TMXw6hFI8A via @opinion
Service outages marred an otherwise strong year for Singapore's largest lender @andymukherjee70 writes. For a bank that wants to be seen as a tech powerhouse, DBS needs to do a better job. https://t.co/ZtjPdsMTI7
DBS, Singapore’s biggest bank, has slashed the annual compensation of CEO Piyush Gupta by 30% following a spate of disruptions to its digital banking services in the city-state last year. https://t.co/tLmsJjxqEy