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DBS Group's 2024 Guidance and Profit Surpassment
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DBS Group, Singapore's largest bank, maintains 2024 guidance and reports Q4 profit surpassing expectations. The bank's CEO and executive group members' variable compensation is reduced in response to digital disruptions.
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How do DBS Group's guidance and profit surpassment reflect the bank's strategic response to digital disruptions?
How does DBS Group's performance in 2023 and its guidance for 2024 impact investor confidence in the Singaporean banking sector?
What are the potential implications of DBS Group's record-high return on equity and reduced variable compensation for the bank's long-term stability and growth?
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