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DBS drops plans to form an insurance partnership in India and Taiwan, bids fail to match value expectations

DBS drops plans to form an insurance partnership in India and Taiwan, bids fail to match value expectations

by AIP Online Bureau | May 30, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News

DBS was working with Goldman Sachs Group Inc as it weighed forming insurance partnerships in India and Taiwan, and some products in Singapore, in a transaction that could have been valued at a few hundred million dollars. DBS Group Holdings Ltd has shelved plans to...

DBS looks for bancassurance partnership in India and Taiwan

by AIP Online Bureau | Sep 11, 2024 | Banking & Bancassurance, Intermediaries, International News, Life, Non-Life

The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser on potential bancassurance agreements for those markets, the people said, asking not to be identified because the deliberations are private DBS Group Holdings Ltd. is considering forming...
DBS cuts CEO Gupta’s salary by 30% for digital banking outages

DBS cuts CEO Gupta’s salary by 30% for digital banking outages

by AIP Online Bureau | Feb 7, 2024 | Banking & Bancassurance, International News, Regulation, Risk Management, Technology

Piyush Gupta,Chief Executive Officer, DBS Bank’ Last year’s outages at DBS that saw payment and ATM transactions stalled across the city-state also resulted in the variable compensation for the group management committee collectively cut by 21 per cent from a year...

Research discovers better treatment for Parkinson’s disease

by AIP Online Bureau | Feb 27, 2022 | Facts, Health, Technology

In Parkinson’s disease, nerve cells that produce dopamine progressively die. Since the 1960s, doctors have relied on medication to replace the missing dopamine, but it is notoriously difficult to fully control symptoms as the disease progresses Even though there...

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