- Joined
- Jul 16, 2008
- Messages
- 22,233
- Points
- 113
The bank was slapped with higher capital requirements after the Monetary Authority of Singapore called the repeated inconveniences caused by the disruptions “unacceptable”.
Two earlier incidents involved software glitches, Mr Gupta said.
“The most recent thing was just coincidental,” he added, saying the bank’s infrastructure is robust.
https://www.straitstimes.com/business/dbs-considering-expansion-in-dubai-ceo-says