DBS wants to be ‘Asian bank for Asians’ rather than global bank: CEO Tan Su Shan
The company has ‘come a long way’ in growing its wealth-management business, she adds
DBS, Singapore's largest bank, is focusing on growth within Asia rather than aiming to become a global bank, according to its CEO Tan Su Shan. In a fireside chat organized by the Singapore Press Club, Tan emphasized the region's potential, citing expanding capital markets, rapid wealth creation, increasing trade, diverse demographics, and strong artificial intelligence adoption. She stated that DBS does not aspire to be a global bank like Citigroup or HSBC, but rather wants to be an "Asian bank for Asians."
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