The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

DBS’s Gupta pans banks’ dividend cuts, sees Covid-19 as threat to all

Piyush Gupta, head of Singapore’s DBS Bank, tells Euromoney that scrapping dividends now is a mistake, discusses the mental stress of working from home, and says a multi-year recovery will hit banks hard and lead to mergers and job losses.

Piyush Gupta 780
Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., listens during an interview in Singapore, on Thursday, May 10, 2018. Gupta joined DBS in November 2009 after 27 years at Citigroup Inc., where he helped run internet banking. He calls himself an unusual banking CEO for his technology background and last year announced an investment of S$20 million ($15 million) over five years to train 10,000 employees in Singapore in digital banking. Photographer: Wei Leng Tay/Bloomberg via Getty Images
Bloomberg/Bloomberg via Getty Images

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree