Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 09, 2017

DBS Chief Has Biggest Pay Cut Among Singapore Bank CEOs: Chart

DBS Chief Has Biggest Pay Cut Among Singapore Bank CEOs: Chart

None

(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

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com