Singapore's biggest bank DBS to cut office space in home market
SHARE DBS Group is poised to trim office space in Singapore to pare its footprint in the city-state during the coronavirus pandemic. Southeast Asia’s largest bank plans to surrender about two and half floors in Tower 3 of the Marina Bay Financial Centre (MBFC), according to people with knowledge of the matter. The lender occupies more than a dozen floors in the building, located in the central business district. DBS is set to give up the floors in December, the people said, asking not to be identified because the plans are private. A representative for the company declined to comment.