The Latest Breaking News from Piyush Gupta

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 · Mar 6, 2025

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.

Fortune · Feb 25, 2025

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.

TechRadar · Feb 25, 2025

Singapore's biggest bank cuts CEO's pay by millions on digital banking outage

DBS Group Holdings Ltd slashed Chief Executive Officer Piyush Gupta’s compensation by S$4.1 million ($3 million) after the lender suffered a series of digital banking outages last year and was reprimanded by the central bank.

The Times of India · Feb 7, 2024