Tag "DBS"

DBS Undergoes Shake Up With Several Management Role Swaps

DBS Bank has made several senior-level rotations that will take effect on 1 April 2023 following the retirement of Sim S. Lim, Group Head of Consumer Banking (CBG)/ Wealth Management. He will continue to stay on as a senior advisor.

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DBS Releases Season 3 Sparks Web Series Featuring the Life of Bankers

DBS Bank has launched the Season 3 of its critically acclaimed web series Sparks which showcases what it is like to work at the bank. The bank said in a statement that the web series showcases how DBS is a

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Harvard Business School Publishes Case Study on DBS’ Digital Transformation

Harvard Business School (HBS) has published a case study focused on DBS Bank‘s digital transformation journey which was put together over a span of 15 months. The DBS case study is being taught in HBS’ Master of Business Administration (MBA)

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DBS: Singapore Leads the Pack in Digitalising Customer Experience

There is widespread enthusiasm among companies to digitalise customer experience and engagement but they faced significant challenges in achieving success, according to a search by DBS. The research revealed that 64% of businesses globally carried out a structured approach to

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DBS Completes Intraday Repo Transaction on J.P. Morgan’s Blockchain-Based Network

DBS announced that it had become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s blockchain based network, Onyx Digital Assets. The network supports instant settlements and maturity of the transactions within hours instead of the

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Google Cloud Establishes Advisory Board for Its Point Carbon Zero Programme

Google Cloud has announced three key updates under the Point Carbon Zero Programme in today’s Singapore Fintech Festival 2022. Jointly launched with the Monetary Authority of Singapore (MAS) in July, the programme aims to catalyse the incubation and adoption of

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DBS Tests DeFi-Enabled FX and Government Securities Live Trades With MAS

DBS announced that it is testing the trading of foreign exchange and government securities using permissioned DeFi liquidity pools on public blockchain as part of Monetary Authority of Singapore’s (MAS) Project Guardian. The trade involved the outright purchase and sale of

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MAS Completes Its First Digital Asset Live Trades Under Project Guardian

The Monetary Authority of Singapore (MAS) announced that Project Guardian, its project exploring decentralised finance (DeFi) applications in wholesale funding markets, has completed its first live trades. The trades were conducted under Project Guardian’s first industry pilot which saw DBS,

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MAS Initiates Digital Singapore Dollar Trials

The Monetary Authority of Singapore (MAS) has published a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required. The report also marked the successful completion of Phase 1 of Project Orchid which explored

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