Wealth and Asset Management
DBS puts bank deals on backburner to target digital threat
Singapore’s biggest bank, DBS, has eschewed buying a major rival for the next five years — pledging instead to invest in the digital companies that threaten to unseat banks across the globe. Piyush Gupta, chief executive of DBS, in particular ruled out a long-rumoured combination with Standard Chartered, The Asia-focused…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Financial Times