DBS fixed income business reaches new highs
Singapore
DBS Bank's fixed income business continues to expand even as other bond houses exit the market amid challenging conditions.
It's not just widening its lead over the rest of the pack in its traditional home market Singapore, DBS is also increasingly the go-to bank for Chinese issuers.
"More Asian powerhouses are coming up," said Clifford Lee, DBS Bank head of fixed income, as opportunities for regional banks open up with some previous incumbents leaving the market.
DBS has increased its lead as number one bond house in Singapore with a…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines