[pinkypanther]

DBS bank has been barred from acquiring new business ventures by the Monetary Authority of Singapore (MAS) and instructed not to reduce the size of its branch and automated teller machines (ATM) networks in Singapore.


In a media statement on Wednesday (Nov 1), the central bank said that during this stipulated six-month period, DBS is also required to pause its non-essential information technology changes.


The actions imposed by the authority were taken after repeated and prolonged disruptions of the bank’s services so far this year, and they are meant to ensure that the bank keeps “sharp focus on restoring the resilience of its digital banking services', MAS added.

More at https://tinyurl.com/4mrjncnx

[TopSage]

expected la, so many indian chief working inside

[Gstalk]

Many in.dian chiefs spoil the soup

[victortan]

DBS bank has been barred from acquiring new business ventures by the Monetary Authority of Singapore (MAS) and instructed not to reduce the size of its branch and automated teller machines (ATM) networks in Singapore.


In a media statement on Wednesday (Nov 1), the central bank said that during this stipulated six-month period, DBS is also required to pause its non-essential information technology changes.


The actions imposed by the authority were taken after repeated and prolonged disruptions of the bank’s services so far this year, and they are meant to ensure that the bank keeps “sharp focus on restoring the resilience of its digital banking services', MAS added.

More at https://tinyurl.com/4mrjncnx

he shd resign , if for other country like korea or japan, the CEO resign with shame..