[SINGAPORE] Singapore’s financial sector must continue to innovate and not become adverse to risk in order to stay ahead, said banking veteran Piyush Gupta. The city-state’s success in building a strong financial system makes it easy to “focus too much on stability” given that it has a reputation to keep up, said the former chief executive of DBS. “But at the same time, you have to recognise that in this world, the pace of change is extraordinary,” he said. “This is the time that we have to be as bold as we were in the 1960s and 70s.” Gupta was speaking at the launch of his book Singapore’s Financial Sector: How did we arrive, how do we thrive? held at the National University of Singapore on Monday (Aug 17).   https://www.businesstimes.com.sg/companies-markets/singapores-financial-sector-must-resist-risk-aversion-be-bolder-stay-cutting-edge-former-dbs-chief   (ICE SINGAPORE)

Fonte notizia: The Business Times, 17 August 2026