3 May 2023
Eye on $10b profit milestone as DBS navigates ABSD hikes, recession jitters & AI disruption
DBS Bank CEO Piyush Gupta shares his optimism in achieving a milestone $10 billion profit this year, following another record Q1 lifted by higher margins and resilient business momentum.
He also discusses how much we should worry about the latest ABSD hikes, SME loan defaults amid a slowing economy, the disruption from AI on jobs, as well as reflects on some "lessons from his younger self".

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Piyush shares more on DBS’ 50th anniversary, Fintech and the future of banking.

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