Untold Truth: The Blemish on DBS CEO's Legacy

Piyush Gupta built DBS into a financial titan. But behind the success story lies a darker truth. From digital meltdowns to high-profile scandals, cracks in his banking empire has emerged. As Gupta steps down, the question lingers: Has his legacy been damaged?

🏖️ Holiday

✈️ TRAVEL INSURANCE

🚗 CAR INSURANCE

💳 CREDIT CARDS

📉 ONLINE STOCK BROKERAGE

DISCLAIMER:
Some of the links in this video/description may be affiliate links. That means, if you click on one of the links and make a purchase, I may receive a commission (at no extra charge to you).

[worldknowmore]

Do you think DBS CEO's legacy was tainted by the incidences? Let us know in the comments below!
If you enjoyed this video, do like, subscribe and buy us a coffee: bmc.link/worldknowmore

[thomastang]

MOM needs to conduct a full investigation on whether DBS had preference to hire Indian from India. If so, what will the government do to avoid this from happening again?

[thlim]

There is nothing against hiring indian worker, but DBS if allow a clan of workers from same race within the same department/unit, that is against multi-racial society. Even singaporean can question the authority on why such thing can happen!!

[Logic]

Dbs bank is no longer a people’s bank for Singapore

[huangzb]

His greatest achievement was turning the bank into Singapore greatest employer for Indian nationals.

[Gemini]

Now that it is clear that the IT systems were problematic and had so many breakdowns the reason is clear!

[peterloh]

Closed so may neighbourhood branches and make it inconvenient for us especially the elderly who are not IT or online sauve! Yet claimed neighbor first, banker second! Profit before the people. It will be the same for NTUC - once foreigners take over, profit will supercede everything else! Is there a need to sell? TO me it's a sell out of the people!

[BoiChongLee]

Strange that a CEO who oversees DBS can sail through without being sacked after the first 2 debacles!

[thlim]

My friend previously in DBS mentioned that they had a unit where all the workers are Indian. This is at Changi City Point branch.

[Rachael_khoo]

Good ridden. He was the reason i close my bank account at dbs

[taratiffany]

Out source to all unqualified and fake IT professionals from his villages .

[PeacefulMind-]

When he started selling his DBS shares, I suspected something is not right.

[genbond]

These Northern Indians looked down upon the Southern Indians and local Singapore and Malaysian ethnic Indians as Low Class Indians! Just ask them if you have a Northern Indian friend.

[JonLina-uz]

My friend used to be IT in DBS. She quits because they started importing Indians that knows very minimum and expect them to teach those. She got her work to do, still need to guide those newbie, pay was the same, mistake all kena blame. As someone in IT, It's very clear what's one source of the issue, the IT is experimentalist and less secure as a bank should be.

[SWTAN-JEFFREY]

Look at the ways DBS treated posb local consumers, what would happen to NTUC sold to Allianz for 51% stack and then put our big faith onto the Foreign entity, Allianz, to do our local social mission? Not sure how the govt argued in the Parliament to rationalise the take over.?
I think Im the Only one naive Not to put so much faith onto Foreign entity for our Local social mission.

[ksmr]

He help his original motherland... a lot of indians get job there, bailout a failed india bank..and he become rich wirh his big salary, while normal workers are poor.. systems breakdown often..thats his legacy

[doggieshaman]

For a while they marketed themselves shamelessly as "the world's best digital bank" if anyone remembered that

[ongernie]

He have made enough. He will leave Singapore and enjoy life in India.

[nicklee]

Most hated person when you queue to use the ATM.

[jmgtan]

DBS has a deeper problem in their digital bank division. They have horrible technology leadership that advocates abusive workplace practices. Expect more outages in the near future.