• 09/21/2024

Singapore Imposes Penalties on DBS for Service Outages

Wall Street Journal

The Monetary Authority of Singapore won’t allow DBS Bank to acquire new business ventures for six months, one of several penalties imposed for what the central bank described as excessive interruptions to banking services this year.

https://www.wsj.com/articles/singapore-imposes-penalties-on-dbs-for-service-outages-4570526f