#455 - DBS Not Allowed to Make New Acquisitions & Watch Taylor Swift Concert With a Minister?
As part of the penalties for the recent outage of DBS’ digital services, MAS will disallow DBS from making new acquisitions for 6 months. Will this really help restore confidence in the bank? Elsewhere, it was first reported that a lucky Swiftie between the age of 13-35 will be selected to watch Taylor Swift in concert alongside Senior Minister of State Mr Tan Kiat How, as part of a youth festival competition. However, the promotion was hastily amended on Friday morning to remove the minister’s presence at the concert. Why the sudden about-turn?
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