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DBS CEO Piyush Gupta took a S$4.14 million cut to the variable component of his pay after the bank's multiple digital disruptions last year. This despite record profits:
https://cna.asia/496gbDf
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Pay cut, no one over here got comments?
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WAH
THAT MEANS HE USUALLY PAY HIMSELF 12million dollars a yr ah
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How come he still CEO? Singaporean no talent to run a small bank is it
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(07-02-2024, 11:09 AM)Sharexchange Wrote: How come he still CEO? Singaporean no talent to run a small bank is it
Not really that small.
Number 1 in South East Asia in terms of assets (OCBC is a distant second).
Number 27 in Asia Pacific.
Number 64 in the world.
https://en.wikipedia.org/wiki/List_of_la...heast_Asia
https://www.spglobal.com/marketintellige...ssets-2023
https://en.wikipedia.org/wiki/List_of_largest_banks
(This post was last modified: 07-02-2024, 02:56 PM by
Levin.)
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(07-02-2024, 11:09 AM)Sharexchange Wrote: How come he still CEO? Singaporean no talent to run a small bank is it
he tot cut his own pay
pple will be ok with him
pple want him out of dbs
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Pay cuts is already very lenient to him. He shd hv been sacked for his incompetence.
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Recruited to get into the big India market with his well connection,so far how?
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(07-02-2024, 10:21 AM)moonrab Wrote: Pay cut, no one over here got comments?
I recall that Piyush Gupta earned over $15 million in 2022. What is a mere $4 million less in 2023? Most of us will never see $15 million in total earnings over our lifetime of work,
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(07-02-2024, 03:07 PM)A2Z Wrote: Recruited to get into the big India market with his well connection,so far how?
This proves that there is no cure for baldness. Even this billionaire can't be cured.
![[Image: piyush-gupta-2.jpg?itok=m4DguqLr]](https://www.smu.edu.sg/sites/default/files/styles/max_650x650/public/board-of-trustees/piyush-gupta-2.jpg?itok=m4DguqLr)
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By right should kick him out.
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(07-02-2024, 02:58 PM)singaporean1964 Wrote: he tot cut his own pay
pple will be ok with him
pple want him out of dbs
Not he cut lah. The board decides.
If up to him, up 30% lah
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