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SIBOS 2015

Smaller banks take heat from regulatory glare on global lenders

Officials discuss unintended consequences if banks peel off risks by ignoring legitimate businesses altogether
Wednesday, October 14, 2015 - 05:50
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DBS chief executive Piyush Gupta speaking at the opening of Sibos 2015.

Singapore

SMALLER regional banks have been caught in the crossfire between global lenders and regulators, as big lenders retract basic services to manage cost and compliance obligations, said panellists at the Sibos 2015 conference on Tuesday. And one worry is that this could hurt small