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DBS CEO Bestest!

Pinkieslut

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Piyush Gupta, DBS Group Holdings Ltd.’s chief executive officer, got the biggest pay raise in 2015 for CEOs at Singapore’s three biggest banks, pushing him past United Overseas Bank Ltd.’s Wee Ee Cheong as the highest compensated among the bosses. Gupta’s total remuneration climbed 7.9 percent to S$10.9 million ($8.1 million) after his bonus jumped 8.6 percent, according to DBS’s annual report released Wednesday. Find out more here. - See more at: http://sbr.com.sg/residential-prope...-dbs-chief-gets-biggest-#sthash.eBqVOU8z.dpuf
 
A few years ago, he claimed that the bank was flushed with cash. :D:D:D
 
Moody's Investors Service Thursday lowered the credit rating outlook of four Singaporean financial institutions to negative from stable, citing concerns over the banks' asset quality and profitability.

The affected institutions are DBS Bank, DBS Group Holdings , ...OCBC.. and ...UOB...

"Moody's expects credit conditions for banks in Singapore will continue to weaken against the backdrop of slower economic and trade growth, both domestically and in the region," the rating agency said.........there was also a "very high" probability of government support, if needed.

Moody's currently rates DBS Bank, OCBC, and UOB at Aa1, the second-highest long-term rating possible. DBS Group Holdings is rated at Aa2, a notch below the other banks.

http://www.cnbc.com/2016/03/31/mood...t-rating-of-singapore-banks-dbs-ocbc-uob.html

Uniquely singapore again-credit rating outlook drop to negative and rating is below that of other local banks-but salary increase the highest.
Thanks to the 70% that Temasek's chiefs are amply rewarded.
 
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Piyush Gupta, DBS Group Holdings Ltd.’s chief executive officer, got the biggest pay raise in 2015 for CEOs at Singapore’s three biggest banks, pushing him past United Overseas Bank Ltd.’s Wee Ee Cheong as the highest compensated among the bosses. Gupta’s total remuneration climbed 7.9 percent to S$10.9 million ($8.1 million) after his bonus jumped 8.6 percent, according to DBS’s annual report released Wednesday. Find out more here. - See more at: http://sbr.com.sg/residential-prope...-dbs-chief-gets-biggest-#sthash.eBqVOU8z.dpuf

Ministars all together now: Huat Ah! :D
 
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