DBS Chief Has Biggest Pay Cut Among Singapore Bank CEOs: Chart
(Bloomberg) -- DBS Group Holdings Ltd. Chief Executive Officer Piyush Gupta saw his compensation fall last year more than his counterparts at Singapore's two other large banks. Stressed loans in the energy-support sector caused DBS to miss its 12 percent return-on-equity target for 2016, one of the bank's key performance measures. The CEOs at DBS's smaller rivals, Oversea-Chinese Banking Corp. and United Overseas Bank Ltd., also got reduced pay last year.
To contact the reporter on this story: Chanyaporn Chanjaroen in Singapore at cchanjaroen@bloomberg.net.
To contact the editors responsible for this story: Marcus Wright at mwright115@bloomberg.net, Andy Sharp
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