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SINGAPORE: Singapore’s central bank says it will consider supervisory actions after DBS Group Holdings Ltd suffered one of the worst digital disruptions for South-East Asia’s biggest lender in the past decade.
The performance of Singapore banks is being powered by a strong showing in their wealth management businesses.
Wisconsin contractor opens its new Rochester office DBS Group ceremonially cut a ribbon this week to open its recently renovated office in the Valley High Business Center. Written By: Jeff Kiger | × A Wisconsin construction firm is opening the doors of its new Med City office this week. DBS Group, “a design-build” commercial construction manager and general contractor based in Onalaska, Wis., ceremonially cut a ribbon this week to open its recently renovated office at Suite 110 in the Valley High Business Center, at 3425 40th Ave. NW. Johnson Controls previo...
Synopsis This is the latest move into cryptocurrencies by Southeast Asia's largest bank, which late last year launched a cryptoexchange for institutional and other accredited investors. Several other banks around the world are cautiously starting to offer crypto-related services, often to their very wealthy clients, drawn by the recent surge in the price of bitcoin and other cryptocurrencies. AFP Bitcoin has risen more than 70% so far this year, even after volatility driven by a series of tweets by Tesla CEO Elon Musk. DBS Group said on Friday its private banking arm has started offering trus...
FILE PHOTO: People walk past a Citibank branch in New York. REUTERS/Andrew Kelly/File Photo SINGAPORE/HONG KONG: Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup's consumer business in Asia, people with direct knowledge of the matter told Reuters. The sale process will start within a couple of weeks, the people added, declining to be named as they were not authorised to speak to media. The move comes after Citi said that it would exit from its consumer franchises in 13 markets, 10 of which are in Asia, as it re...