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The Latest Breaking News from DBS

DBS, Southeast Asia’s largest bank, partners with VC giant Granite Asia to counter the region's lack of capital

The partnership launches with a new $110 million fund, exclusively for DBS's wealth clients, that targets IPO-stage AI and tech startups in the region.

Fortune

Why Singapore’s prime minister gave DBS and Grab a shout-out during the country’s budget speech

Lawrence Wong called on Singapore's companies to adopt AI “comprehensively”, and described DBS and Grab as firms "moving decisively on AI transformation."

Fortune

I left consulting to begin teaching at Dartmouth right before the release of ChatGPT. Disruption is always messy—and there's always a twist

Over the last three years, I've been experimenting through a course called “AI and Consultative Decision Making.” I alsowrote the book "Epic Disruptions."

Fortune

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DBS rolls out Gen AI chatbot, as Southeast Asia’s largest bank incorporates AI in its workflow

The bank currently uses AI to handle tasks like fraud detection, algorithmic credit-scoring and employee training.

Fortune

DBS CEO Tan Su Shan’s one big lesson for getting through Trump’s tariffs: ‘Diversify’

DBS CEO Tan Su Shan says the tariffs are bringing together once-estranged trading partners.

Fortune

Fortune's Most Powerful Women Asia 2025 list includes top CFOs from Huawei, ByteDance, Sony, Temasek

MPW Asia 2025 includes founders and C-suite leaders whose influence crosses borders and industries.

Fortune

Tan Su Shan, CEO of Southeast Asia's largest bank, is Fortune's most powerful woman in Asia for 2025

DBS's new CEO is No. 1 on Fortune's second-ever Most Powerful Women Asia ranking, among a finance- and tech-heavy top five.

Fortune

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Franklin Templeton, Ripple Join Forces To Launch Tokenized Money Market Funds For Accredited Investors Of This Asian Banking Giant

Singapore’s largest bank, DBS Group Holdings (OTC:DBSDY), asset management firm Franklin Templeton and blockchain company Ripple Labs (CRYPTO: XRP) have teamed up to provide accredited investors trading solutions backed by tokenized money market funds and U.S. dollar-pegged stablecoins.

Benzinga

Southeast Asia’s three largest banks warn of macroeconomic headwinds following a mixed quarter

DBS’s quarterly profit grew by 1%, yet the bank acknowledged “external uncertainties.” Profits at fellow banks UOB and OCBC fell.

Fortune

DBS Group’s board tells its chief exec: 'Even the CEO’s job can be replaced by AI'

Also: All the news and watercooler chat from Fortune.

Fortune

The CEO of Southeast Asia’s largest bank knows even her job is at risk from AI

“If I can be replaced by AI, so can everything else!”

Fortune

OCBC’s next CEO shows the Singaporean bank is still betting on ASEAN-China ties for growth

OCBC’s CEO-to-be comes with a wealth of China experience, including a five-year stint leading DBS’s institutional banking business in China.

Fortune

Can Adobe Stock Hit $660 in 2025?

Adobe has taken a hit, but with a $660 target on the table, can it bounce back this year?

Barchart

Trump touts a Vietnam trade deal victory—but details on transshipment and import pledges remain unclear

Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%.

Fortune

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news in one place.

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Fortune

What Southeast Asia's largest companies say about a region in flux

Total revenue on the Southeast Asia 500 grew by almost 2% last year—but Trump trade policy could unwind those gains.

Fortune

Outgoing DBS CEO Piyush Gupta gets a 57% pay bump, reversing a massive cut in 2023

Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology resiliency.”

Fortune

“I love the topic AI” the CEO of OCBC thinks the tech will create more jobs

As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two years through dividends and buybacks.

Fortune

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 the first of Singapore’s Big Three banks to suggest how AI might affect its headcount.

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news in one place.

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TechRadar

Employees at Singapore’s biggest bank are set to lose their jobs to the AI revolution — and that worries me

As many as 4,000 temporary and contract DBS workers are set to lose their jobs as their terms expire and are not renewed.

The Independent UK

Big bank to cut 4,000 roles as AI replaces humans

Thousands of contractual and temporary employees to be affected over the next three years

Fortune

Singapore’s UOB is betting on Southeast Asia for growth after posting record profit

The bank’s CEO, Wee Ee Cheong, said an enlarged customer base and enhanced platforms in the region position UOB well.

Fortune

DBS is setting aside $23.6 million to reward staff for bank’s “record performance”

The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, up 11% from the year before.

Fortune

Trump is set to hike tariffs. Should Southeast Asia be worried?

Countries like Vietnam benefited from Trump’s trade war. That could put them at risk in the second round.

Fortune

Singapore’s Straits Times Index is Southeast Asia’s best performing index for 2024—and it's all due to its Big Three banks

A share rally in Singapore's biggest banks—DBS, UOB and OCBC—lifted the Straits Times Index to end the year above Malayis'a Kuala Lumpur Composite Index.

Fortune

Inside the secret history of Design for Good, an alliance between companies with $4 trillion in market cap to devise solutions to the world’s biggest problems

Design for Good co-founder Ben Sheppard explains why big names like Microsoft, Nestle and DBS got involved.

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