Richard Stanley

DBS chief executive Richard Stanley dies

DBS chief executive Richard Stanley diesSingapore - Singapore's DBS Group Holdings Ltd said its chief executive officer Richard Stanley, who was diagnosed with leukemia in late January, died Saturday morning. "After a brief fight, Rich passed on at about 8:45 (0045 GMT) this morning," DBS said.

Stanley's condition had deteriorated rapidly and he was in critical care Friday night, DBS said in an earlier statement to the Singapore Exchange.

Stanley, 48, had been responding to treatment and after two rounds of chemotherapy his doctors believed earlier this week that his cancer was in remission.

DBS CEO Stanley critically ill

DBS CEO Stanley critically ill Singapore - Singapore's DBS banking group said its chief executive officer Richard Stanley, who was diagnosed with leukemia in late January, is in critical condition. "Stanley's condition has deteriorated rapidly in the last 24 hours and he is now in critical care," DBS said in a filing to the Singapore Exchange on Friday night.

Stanley had been responding well to treatment earlier and after two rounds of chemotherapy his doctors believed earlier this week that his cancer was in remission.