SINGAPORE -- DBS Group Holdings said on Wednesday that it had cut the pay of senior management after a series of digital banking failures dogged Singapore's largest bank by total assets last year.
Finance
Singapore's DBS slashes CEO's 2023 pay by $3m
Digital banking outages result in lender cutting senior management compensation
Despite digital banking glitches, Singapore's largest bank racked up stellar profits in 2023 amid a high interest rate environment. © Reuters
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