DBS Bank

MAS bars DBS Bank from acquiring new business ventures for six months after prolonged disruption

The Monetary Authority of Singapore (MAS) has imposed a six-month pause on DBS Bank Ltd’s (DBS Bank) non-essential information technology (IT) changes to ensure that the bank keeps sharp focus on restoring the resilience of its digital banking services.

Bank of China, DBS & HSBC join GSBN to form Trade Finance Advisory Group to transform global trade

The advisory group will explore the technical, legal, and regulatory frameworks needed to break the siloes between the global supply chain and financial institutions.