How Zero-Sum Thinking May Affect Attitudes About Taxes
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Do you think about the world as “zero-sum,” where resources are limited and
my gain is your loss? Or do you believe that resources are plentiful and we
all...
22 minutes ago
Group CEO of DBS Bank Piyush Gupta said that his outlook for interest income over the next year is "relatively sanguine". "If rates go up by one per cent, we make about S$800 million to our bottom line, so we are very positively correlated to interest rate increases. So our ROE (return on equity) goes up by about a couple of percentage points if rates go up."
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