DBS chief positive despite increasing headwinds

Piyush Gupta, DBS chief executive, expects Singapore property prices to fall 10%-15% this year.

DBS chief positive despite increasing headwinds

Piyush Gupta, DBS chief executive, is positive about the bank’s prospects for 2014, despite the gathering economic headwinds, ranging from Singapore's frothy property market to slowing growth in China. 

Gupta, an ex-Citi banker who has helmed the bank for over three years, is behind its push to increase non-interest income as banks in Singapore struggle with low rates and weak growth at home.

DBS’s total income grew 11% year-on-year to...

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