DBS chief calls AI financing risk repricing healthy
Tan Su Shan said markets are reassessing the risk of AI investment, while the bank has booked roughly S$25bn in related deals. She also pitched Singapore as a safe harbour during global turmoil.
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What happened
DBS CEO Tan Su Shan said markets are repricing the risk of AI investment and described that adjustment as healthy. The bank has logged about S$25bn in AI financing deals. She also pitched Singapore as a bastion of safety amid global turmoil.
Why it matters
The reports frame Singapore as a haven during global turmoil, with the bank's CEO presenting the repricing of AI risk as a positive development.
Timeline
- Oct 12, 3:04 AM ET: DBS CEO Tan Su Shan said markets are repricing AI investment risk, calling it healthy, as the bank logs about S$25bn in AI financing deals.
- Oct 12, 9:26 PM ET: DBS CEO Tan Su Shan pitched Singapore as a bastion of safety amid global turmoil.
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