DBS CEO says fintech firms need more scrutiny by regulators

DBS CEO Piyush Gupta
Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., speaks during an interview in Singapore, on Thursday, May 10, 2018. Photographer: Wei Leng Tay/Bloomberg

Regulators need to increase their scrutiny of non-bank firms that are moving into the financial business, according to the chief executive officer of DBS Group Holdings Ltd., Southeast Asia’s largest lender.

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