How quick-thinking DBS bank teller blocks $51K counterfeit cash scam
The training she received to spot and stop suspicious transactions is part of the bank’s multi-faceted strategy to keep ...
Singapore's DBS raises $2 billion through US dollar bonds, term sheet shows
DBS Group , Southeast Asia's biggest bank, has raised $2 billion through a multi-tranche U.S. dollar senior bond issuance for ...
Channel NewsAsia Singapore16d
DBS investigating cause of overnight disruption to digital banking, ATM services
The bank was also required to pause non-essential IT changes for six months and was not allowed to reduce the size of its branch and ATM networks in Singapore. DBS said in November 2023 that it ...
The Straits Times27d
13,000 DBS staff to learn AI, data skills amid bank’s plans to cut 4,000 workers over 3 years
SINGAPORE - DBS Bank has identified about 13,000 staff for upskilling or reskilling and over 10,000 of them have started training for artificial intelligence (AI) and data-related skills ...
The Independent26d
Big bank to cut 4,000 roles as AI replaces humans
Singapore’s biggest bank plans to cut 4,000 jobs as it expects ... to say how will I repurpose people to create jobs.” A DBS spokesperson explained that the reduction in workforce would ...
AOL28d
DBS, Southeast Asia’s largest bank, is cutting 4,000 temp roles due to AI: ‘For the first time, I’m struggling to create jobs’
DBS is Southeast Asia’s largest bank by revenue, and ranks No. 10 on Fortune’s Southeast Asia 500. It’s the first of Singapore’s Big Three banks to suggest how AI will affect its headcount.
BBC28d
Major Asia bank to cut 4,000 roles as AI replaces humans
Singapore's biggest bank, DBS, says it expects to cut about 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. The move will affect ...