Hong Kong Regulator Express Concerns Over DBS Arrests
The Hong Kong Monetary Authority expressed concern after a news paper said DBS Group Holdings staff were arrested due to their connection to an alleged leak of customer data.
Glendy Chu, a marketing and communications executive for DBS Hong Kong said the bank had alerted authorities after internal monitoring showed irregularities.
News Source: Bloomberg
About DBS Bank
DBS Bank Ltd (SGX:D05) is a Singaporean multinational banking and financial services company. The company was known as The Development Bank of Singapore Limited, before the present name was adopted in July 2003 to reflect its changing role as a regional bank. Founded in 1968, DBS acquired POSB (Post Office Savings Bank) in 1998. With over
280 branches across 18 markets in Asia, DBS serves over four million customers in the three key Asian axes of growth, namely, Greater China, Southeast Asia and South Asia.
- Origin : Singapore
- Assets : SGD 458 billion
- Revenue : SGD 10.8 billion
- Employees : 22,000
Official Website: www.dbs.com
News & Media: Press Release
Updated on 8th August 2016