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 ...

Record-setting profits of S$11.4 billion in FY 2024 for DBS Group ... stated that he believes the bank still can keep increasing the dividends by Singapore cents 6 for the next couple of 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 ...

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong ... and capital markets solutions for bank and non-bank financial institutions, government ...

While there have been some setbacks in global climate commitments, DBS remains committed to supporting climate action for a low-carbon and climate-resilient economy,” says DBS CEO Piyush Gupta.

DBS has been using generative AI solutions for the past two years, applying them to functions like customer outreach, credit underwriting, and hiring. Despite the benefits, the bank remains ...

Analyst Tan Yong Hong believes management could lower their NIM outlooks on declining SORA rates and US rate cuts.

DBS Bank, Singapore’s largest financial institution, is set to cut 4,000 temporary and contract positions over the next three years as artificial intelligence (AI) assumes more responsibilities ...

In comparison, Singapore's Straits Times index delivered a 128% return over the same period. The total compensation for the senior management at DBS Bank increased to S$93.8 million. This was up ...

As an Asia-centric bank, DBS views enabling the region's transition to net-zero as both a business and social imperative. In 2024, the bank led several innovative transactions across various ...

Singapore’s DBS Group sees its ... “AI can actually self-create and can manipulate.” The bank has added 1,000 people in AI, he said. DBS bank has over 6,500 employees in India..

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 ...