CEO of major Asian bank says ‘a big, big challenge’ is looming for the global economy

The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back relief measures — and banks could experience “far more damage” to their balance sheets, said Piyush Gupta, group chief executive of Singaporean bank DBS.

Read more at https://www.cnbc.com/2020/07/20/dbs-ceo-says-a-big-big-challenge-is-looming-in-the-global-economy.html