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DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to increasingly take on roles carried out by humans, Chief Executive Officer Piyush ...
DBS has 8,000 to 9,000 of such workers, according to Mr Gupta, who said permanent staff will not be affected. DBS, based in Singapore, has a total headcount of around 41,000 staff.
DBS said its January-March net profit declined to S$2.9 billion ($2.24 billion) from S$2.95 billion a year earlier, due to higher tax expenses from the implementation of the 15% global minimum tax.
DBS Group Holdings Ltd last week reported its latest yearly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations.DBS Group ...
DBS, the first Singapore lender to report earnings season, said October-December net profit climbed to S$2.62 billion (US$1.9 billion) from S$2.39 billion a year earlier, on the back of growth in ...
DBS wasn’t always a digital leader, however. The story of its digital transformation is all the more remarkable because one of its goals for its technology – in fact, for the entire bank ...
SINGAPORE – DBS Group Holdings became the first listed company in Singapore to top US$100 billion (S$129 billion) in market value, helped by a weaker US dollar that amplified gains on the local ...
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