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DBS, OCBC yet to dip toes in corporate VC pond

Managing director of fintech private equity firm cites legacy concerns and low risk appetite as reasons for this

Published Fri, Nov 17, 2017 · 09:50 PM

Singapore

NOT all Singapore banks are keen to venture into corporate venture capital (CVC), even as regional banks have woken up to the idea, with several having launched CVC funds in the last two years to invest in external startups for financial and strategic returns.

The Business…